We've been looking at Cardano vs Bitcoin (ADABTC) closely and seeing that the bottom is in and a new trend is about to form, I would like to share for you the long-term targets for Cardano vs Tether (ADAUSDT) as well, this chart is equivalent to the ADAUSD chart.
For ADAUSDT, we also have a bottom formation and prices moving above EMA10 for the first time since June 2019.
A strong RSI and a major downtrend line being broken, Cardano is really to change course, we are looking at a new uptrend...
On the chart above you can find multiple targets, some can be hit in a matter of weeks, the higher ones can take multiple months.
Note: If prices for ADAUSDT close below EMA10, remember to get out and buy back in on the next support.
Make sure to always have a plan/strategy before you trade... Do your own research.
This is not financial advice.
Namaste.