Cardano appears to be forming a bullish megaphone pattern, similar to the one Bitcoin formed earlier during it's current run.
You can see from my chart that we have broken through the blue symmetrical triangle and currently testing the upper trend line of the red ascending triangle. Once these breakouts are confirmed this should propel Cardano to the upper trend line of this Bullish megaphone, with a target of around 50 cents. Don't be surprised if Cardano breaks through this trend line and hits a target further to the upside as Bitcoin previously did.
You can see from my chart that we have broken through the blue symmetrical triangle and currently testing the upper trend line of the red ascending triangle. Once these breakouts are confirmed this should propel Cardano to the upper trend line of this Bullish megaphone, with a target of around 50 cents. Don't be surprised if Cardano breaks through this trend line and hits a target further to the upside as Bitcoin previously did.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.