CARDANO PRICE ATTEMPTS BREAKOUT! (Be Vigilant As ADA Approaches DANGER ZONE)
2,200SORRY ABOUT THE MIC FEEDBACK! I AM AWARE OF IT AND I KNOW WHY IT HAPPENED.
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Intro 00:00
Hourly Cardano breakout 00:40
ADA vs. Bitcoin 1:10
Cardano price danger zone 3:50
ADA price bounced off of support 5:00
Cardano is in downtrend (be careful) 5:40
Cardano bigger picture - bullish 6:45
ADA price support 7:20
Huge Cardano resistance 8:20
Bullish confirmation will be here 9:15
Lower highs 10:50
We saw Cardano price breakout on the very short term charts, but this does not translate to bullish confirmation or a bullish reversal. In fact, ADA has not even tested the true resistance which is a confluent area of multiple resistances. If ada price does manage to break this area, bitcoin and altcoins will also likely be in a new uptrend as well. But be very careful right now when watching the short term chart.
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