Cardano is showing signs of the next leg up. After the last breakout, Cardano has been in a falling wedge pattern off of a flagstaff. Taking the flagstaff from top to bottom, the measured move brings the price to the 1.618 fib (trader's dream :P).
All of this works if BTC and ETH can keep the rally going as we are approaching the apex of the falling wedge for the move to happen. If there is a market correction, everything noted above may be invalidated.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
All of this works if BTC and ETH can keep the rally going as we are approaching the apex of the falling wedge for the move to happen. If there is a market correction, everything noted above may be invalidated.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106
I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19
I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19
I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
