Cardano symmetrical triangle outbreak - 4H ADA/Bybit
Cardano symmetrical triangle outbreak - 4H Bybit
These are the two bullish scenario's that have a high probability of playing out in my opinion. BTC has had a big move and has not really corrected yet so could be a fake out for Cardano if BTC corrects to the downside. Stochastic RSI overbought so could see a move down soon hopefully to get a bounce at support. Long the retest! The arrowed lines are not time sensitive this could happen in an hour or in a day.
These are the two bullish scenario's that have a high probability of playing out in my opinion. BTC has had a big move and has not really corrected yet so could be a fake out for Cardano if BTC corrects to the downside. Stochastic RSI overbought so could see a move down soon hopefully to get a bounce at support. Long the retest! The arrowed lines are not time sensitive this could happen in an hour or in a day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.