YMGroup

After a possible breakout, Cardano may begin to rise

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the ADA/USDT chart.

On the chart we can see how the Cardano formed the descending wedge and trades close to the resistance line.

Price can drop slightly, tested the support level, after which it can bounce and breakthrough the resistance line.

I expect that after a possible breakout, the price can continue to rise.

There are two targets for Cardano.

1st target 0.3350, 2nd target 0.3550

This is my opinion, I really hope it will be useful for you.
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