Cardano has Created a New ATH recently But since than, The Price of cardano has been Decreasing which is normal of course. But now we see creation of a big falling wedge pattern! this is a Pretty Good Bullish Sign for ADA. there is also a Regular Bullish Divergence (+RD) on MACD which suggest a Incoming Bullish Movement. In summery,when the break out happens, the Price is gonna touch It's ATH once again and the strongest support for ADA sits at 2$. there are also some targets on the chart which you can use if you like.
-Summery: -ADA is in a Big falling wedge -(+RD) on MACD -No break out yet! -Strong support at 2$ and Strong resistance at 3$.
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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