The_Position_Trader

Recent Consolidation in Cardano (ADA) Screams Accumulation

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KRAKEN:ADAUSD   Cardano
I just saw exactly the kind of price action I was waiting for to confirm the Cardano bulls are regaining control. Two daily candles of indecision right next to major resistance level likely foreshadows a bullish breakout. My preferred entry is on a break of resistance line above 1.8

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