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MyCryptoParadise_Simon
Jul 8, 2023 10:52 AM

Cardano possible next move? πŸš€πŸ”₯ADA today analysis Β 

Cardano / TetherUSBinance

Description

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πŸ’Ž ADA is currently showcasing an intriguing pattern, as it's trading within a tight symmetrical triangle, hinting at a potential breakout on the horizon.

πŸ’Ž At this moment, it's navigating within a high-demand zone, and the RSI is signaling a substantial upward momentum. Moreover, an anticipated crossover of EMA 21 and 50 could further bolster the bullish outlook.

πŸ’Ž If a breakout occurs in the upward direction, we could witness a fantastic bullish surge. However, if the price fails to sustain its upward momentum, a significant downward shift could be on the horizon.

πŸ’ŽIn the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey

Comment

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TP hit trade closed
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