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FieryTrading
Mar 28, 2022 12:20 PM

🔥 ADA Bullish Break Out After 7-Month Bear Market Long

Cardano / TetherUSBinance

Description

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A couple of days ago I made an analysis where I discussed the potential break out of ADA from a 7-month bear market.

As of today, ADA has successfully broken out through this bearish trend line and appears to quickly gain ground. Before looking for potential entries, wait for the daily candle to close above the trend line.

Target at $1.60 still remains. With the right market conditions we can reach this are within the next couple of weeks.

Happy trading!
Comments
Vibranium_Capital
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Nice one
CobraVanguard
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Great idea!
graphbullS
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Good view
UnitedSignals
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Great outlook!
VincePrince
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Interesting view, thank you for sharing.
Adam_Sterling
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Thanks
DeGRAM
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Intelligent
UnknownUnicorn15614419
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Very clean and detailed description. Thank you for sharing.
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