Cardano/USDT - Its time to see if we can break the resistance!

30 de jul. de 2021

ADAUSDT

Hi all,

This is my first Technical Analysis and I am still learning, I would really appreciate feedbacks and if something is fundamentally wrong in my analysis.

• * I see that we are trying to get back above the trend line, and I see that as a bullish sign but in order to go higher we will need to break the resistance at 1.39.
  * We have been rejected from that point at-least 4 times in future, and the last time we broke it we went to all time high.
  * if we are unable to get above the trend-line, we might go back RED and test the strong support at around 1.01-1.09 range.
  

Happy trading ! I believe in Cardano

PS: this is not a financial advice, I am just trying to learn and contribute