GustavoCorrea1

ADA CARDANO - Will we have a race up to 15$? β˜•οΈ

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hello friends from Trading View!

I will share with you another long study about ADA CARDANO .

πŸ‘‰πŸΌ We have a weekly chart on the screen.
From left to right, see that we are inside a bullish channel marked by Fibonacci zones.
By touching the 100% level the asset formed the cup and handle pattern.

πŸ‘‰πŸΌ Note that the asset loses the EMA21 at the bottom of the Cup and Handle , crosses over it and on the handle retests the EMA 21 as a support.

πŸ‘‰πŸΌ Shortly thereafter there is a bull run in asset prices of 770%

πŸ’‘ Realize that we have closed a loop there and that the same pattern starts over again.
1-Touch the 1,168% fiber line
2-Cup and handle
3-Loss of EMA 21 in the background
4-Breakthrough of EMA 21 upwards
5-Retest the EMA 21 on the handle.

Will we see a new Bull Run in ADA CARDANO?

If so, the target is the next 200% fibo level near $15.
And what do you think of this idea?
Comment there!

I hope I helped in some way.
Leave your like please and comment your opinion!


⚠️Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.

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