FieryTrading

ADA/USDT Pennant: Bullish Break Out

Largo
BINANCE:ADAUSDT   Cardano / TetherUS
In my previous ADA post I successfully predicted a +40% move of ADA. Since then, things have cooled down a little. Today, the pennant which has been forming over the last three days, has been broken on the upside. This bullish break out marks a new move upward for this coin.

I've marked two areas of resistance on the chart. R1 based around the most recent local top and R2 at 0.40 cents since it's a nice round number. Do your own DD and happy trading!

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