Trading Analysis: Cardano's trend forms a descending triangle
Twitter user Ali posted a tweet regarding ADA: Cardano is forming a descending triangle on the lower time frames. A sustained close above $0.638 could trigger a bullish breakout, potentially propelling ADA toward $0.700. However, keep a close eye on the $0.613 support. Any weakness at this level could dampen the ADA bullish momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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