CARDANO – Primed For Breakout!

Cardano / TetherUS BINANCE:ADAUSDT

Altsignals

In our last Cardano analysis we had 2 areas we were looking for a reversal. One of them was the structure level we are at now.

We’re on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal.

Trade Idea:
– Watch for bullish price action within the wedge (possibly double bottom )
– Enter with stops below the lows
– Targets: 2.4, 3, manually manage the rest

See below for our previous Cardano analysis:

Goodluck!

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