Speculation (Not Analysis)

I think this scenario is a probable possibility. Cardano could potentially be trading within this parallel ascending channel. The midline of the channel could be a good support for the continuation of the bull run, but first price needs to explode above the midline. If price rises to the top of this ascending channel, it means cardano will hit over 20 dollars a piece. As I have mentioned in the title, I haven’t analayzes anything. this is pure speculation. I have seen many ascending channels in crypto and I thought this could be one, but we will never know if this is an ascending channel if price never touches the top of the channel.