Disclaimer: I am in the process of learning technical analysis and please feel free to point out flaws that I have with my chart. This is based on my personal observation and is not financial advice. Thank you so much for reading this.
Cardano is forming a symmetrical triangle on the hourly chart and I expect the price to rise up to our next target approx. at $3.25. Since the Alonzo hard work was launched successfully last Sunday, September 12th, 2021, I believe there will be more exciting news to come to Cardano as well as DApps that are going to build on it. However, historically speaking, September is usually not a great month on the crypto market in general, so I would be patiently waiting for this to play out.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.