Cardano Update

٢٢ يونيو ٢٠٢٢

It looks shaky/crapy but we are pretty good.

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Let's get started!
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We will keep it short and simple for this as we've been tracking Cardano (ADAUSD) on a daily basis.

"We are pretty good" because as mentioned before prices remain trading above 18-June low.
This low was set at $0.4210 and works as the main support.

In a nutshell, as long as ADAUSD stays above this level we remain strongly bullish.

Now, we have this three heads pattern or inverse head and shoulders that can possible form, if prices drop on a higher low.
The blue space marked on the chart is the resistance that needs to be conquered before we go up...

You can find more details on the chart.

Leave a comment with your questions.

Thanks a lot for the continued support.

Namaste.