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TiborVrbovsky

Cardano in a Falling wedge.

Long
Cardano / TetherUS (BINANCE:ADAUSDT)  
TiborVrbovsky  
BINANCE:ADAUSDT   Cardano / TetherUS
Support and Resistance ADA adausd ADAUSDT cardano cardanousd cardanobtc CARDANOADA Wedge adausdlong
15
4
supportandresistance ada adausd adausdt cardano cardanousd cardanobtc cardanoada wedgepattern adausdlong
The price of Cardano seems to be printing a falling wedge pattern, which has bias to break to the upside.

Support is located at $2.30, very close to current price where I decided to buy some after seeing this pattern occur.

The price continues to find support on daily 50 EMA, which gives me confidence that the daily uptrend will continue and find support the same way as Bitcoin did on the bespoke 50 EMA.

My target will be at $3.00.

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