jtamez1983

ADA/USD bull flag formation

Long
KRAKEN:ADAUSD   Cardano
ADA/USD pair is trading inside a ascending triangle. Currently ADA is formed a bull pattern on the 23min or 45min. It found support around $1.16 on my 0.718 fib. upon breakout ADA will probably see $1.28 if it manages to just break the fibs at $1.22 and $1.27 which according to my fibs are acting as resistances. Trade smartly. DYOR and remember price can drop at any moment.

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