Cardano (ADA) :-
1.Cardano has broken out of the downtrending channel and has given its first sign of a bullish sign by converting the resistance of the channel as support (Price moved within the yellow ellipse).
2.Prices have now turned to hit back the supply zone which formed the previous higher high.A break from this higher high will take us back to the weekly resistance levels 0.22
3. A new higher high-higher low pattern would be confirmed which could set the move for the next bull move.
1.Cardano has broken out of the downtrending channel and has given its first sign of a bullish sign by converting the resistance of the channel as support (Price moved within the yellow ellipse).
2.Prices have now turned to hit back the supply zone which formed the previous higher high.A break from this higher high will take us back to the weekly resistance levels 0.22
3. A new higher high-higher low pattern would be confirmed which could set the move for the next bull move.
