CobraVanguard

ADA's latest Movements Explained + Expected movement for future!

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hi every one
Cardano / US Dollar

we are gonna Review ADA's latest movements . first ADA has started a bearish Movement in a Descending Channel after the Bullish break out happened , ADA formed a Big Rising Wedge Pattern and when the Bearish Break out happened, The price Formed an Ascending Triangle which The break out for It has already happened and it Increased the Price .These patterns are all in a big ascending Triangle! The price has not managed to break this pattern yet, but when the break out happens the price is gonna Increase as much as the measured Price movement (AB=CD). If that happens ADA is Gonna Reach 4.2$ which will create a New ATH! with Alonzo Update right around the corner, the odds of Creating a New ATH is High! wait for the Break out to happen!

Summery:
-ADA has been in a lot of patterns Recently!(channel,wedge,triangle)!
-all of these patterns are in a Big Ascending Triangle!
-the Price can Create a New ATH at 4.2$
-since Alonzo update for Cardano is available soon, The odds of creating a new ATH is Pretty High!
-Wait for the Break out


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Thank you for seeing idea .
Have a nice day and Good luck



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