aloo2k

CARDANO - Breakout imminent 🚀

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hey everyone,

I'm back with another analysis and today, we will be tackling CARDANO!

So essentially, ADA is LIKELY going to break-out to the upside! Why? Well we're in an ascending triangle, this is bullish for Cardano in the short term with a target of 1.618 Fibonacci level with a price of 3.38$. Also it looks like the MACD is sharing the same story with the momentum flipping bullish and there's soon a bullish convergence of the MAs.

After reaching this milestone, there's a chance we might have a healthy correction before going to the moon again!

Trade safely my friends. The incoming week is going to be crazy for crypto.

Yours truly,

Aloo2k


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