DU09

ADA/USD - Approaching apex, expect a reaction!

BINANCE:ADAUSDT   Cardano / TetherUS
ADA is approaching the apex of this large triangle as indicated in blue. Price will be squeezed there and will have to escape one way or another.

Daily indicators look a bit bearish still, so I expect us to re-test the support level once more before pushing higher.

Possible paths are on the chart. If we lose support then we're going to go to at least $0.25 cents.

Practice patience for now and aim to enter ADA once we break out of the apex, that will give you a good indication where we are headed next.

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