ADA/USDT - Will the big growth potential continue ? CARDANOUSDT
💭 Look at Cardano globally.
Hello everyone, today I decided to show you a new chart of one of the top altcoins (currently top 5 by capitalization). Yes, since the end of November 20, the asset has started its native growth and has already added very significantly to the price, but despite this, the chart now shows such a beautiful picture, it is difficult to pass by.
I'm talking about a fairly large bullish triangle with a flat top that has formed over the past 2 months. The 2 previous highs give me the opportunity to determine a clear resistance at $ 1.5, but I do not think that it will be able to restrain the onslaught of the bulls for a long time - the pressure is concrete, which means that expecting a full - fledged exit up in the coming days is the only correct decision. But after that, there may well be a return to the upper border of the figure, the so-called retest from above, after which it will be possible to continue climbing towards$2. On the chart, I also marked a potential classic triangle, but I myself tend to be more inclined to a flat top.
Stochastics on the MACD crossed from the bottom to the top, which strengthens my forecast.
Bottom line: The trend in the market is super-bullish, and such beauty on the chart is ideal for continuing this trend. As an option, I consider the continuation of growth through the retest of the classic triangle in the area of $ 1.25, but this does not change the global picture - it only goes up, so work from longs, friends. Earn money.
I admit, there was a trading idea that would short, but without loss, there is no profit. Time puts everything in its place.
Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading.
LINK IN BIO
Hello everyone, today I decided to show you a new chart of one of the top altcoins (currently top 5 by capitalization). Yes, since the end of November 20, the asset has started its native growth and has already added very significantly to the price, but despite this, the chart now shows such a beautiful picture, it is difficult to pass by.
I'm talking about a fairly large bullish triangle with a flat top that has formed over the past 2 months. The 2 previous highs give me the opportunity to determine a clear resistance at $ 1.5, but I do not think that it will be able to restrain the onslaught of the bulls for a long time - the pressure is concrete, which means that expecting a full - fledged exit up in the coming days is the only correct decision. But after that, there may well be a return to the upper border of the figure, the so-called retest from above, after which it will be possible to continue climbing towards$2. On the chart, I also marked a potential classic triangle, but I myself tend to be more inclined to a flat top.
Stochastics on the MACD crossed from the bottom to the top, which strengthens my forecast.
Bottom line: The trend in the market is super-bullish, and such beauty on the chart is ideal for continuing this trend. As an option, I consider the continuation of growth through the retest of the classic triangle in the area of $ 1.25, but this does not change the global picture - it only goes up, so work from longs, friends. Earn money.
I admit, there was a trading idea that would short, but without loss, there is no profit. Time puts everything in its place.
Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading.
LINK IN BIO