Hello, traders!
Today we'll speak about Cardano. As usuall, wuthout extra words have a look at the chart.
Wedge has already been broken above thus we are about to see a huge growth in my opinion. This broke is accepted by bullish divergence with Chaikin Oscilator. Thus, you can see possible trade on the picture. While I'm writing this words the price is growing....
BINANCE:ADAUSDTPERP is completely crazy, it's one of the coins that showed most strength in the dump and now. Checking the 4h timeframe, I see 3 legs to the upside and now and M formation or double top, meaning we could now see a nice retrace in terms of %. In this case I would go for a swing trade, I think Market Makers will try to recover the nPOC's (Possible...
