ADAUSD - Cardano teasing a breakout of an ascending triangle

2021年5月3日

Cardano's 4h chart keeps testing resistance of the local 4h ascending triangle. Looks like it won't take much to break to the upside at this point, which would bring us back to the apex of the major ascending triangle again.

2021年5月15日

ノート

Cardano blew through my first target of $2.06, well on its way to Target 2 at $2.50. That price target coincides with fib levels across multiple time frames, so it's a likely price point for a local top before a medium term consolidation.