What Cardano traders must do to be on the safer side
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
A brief pickup yesterday fueled hopes of a northbound breakout for Cardano. However, the move ended in somewhat of a disappointment as sellers remained vigilant at $2.30.
Now trading back within the confines of a symmetrical triangle, ADA was split, even within a bullish and bearish outcome. Once again, certain swing highs grabbed attention as the battle for the ADA market showed no end. At the time of writing, ADA was trading at $2.18, down by 2% over the last 24 hours.
Source: ADA/USD, TradingView
ADA’s close above its previous swing high of $2.25 injected hopes of a symmetrical triangle breakout – A pattern that
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