Market Dynamics
Published in
1 min readMar 29, 2019
28 March 2019
Cardano/USD (CMP: $0.066)
Daily Chart of Cardano (Ada)
In the current scenario, Cardano/USD presents itself as one of the most outperforming Crypto-pairs. The above diagram is self-explanatory. Not only we observe a progressively rising bottom formation on the daily timeframe, we also identify a bullish saucer/rounding bottom pattern, that puts intermediate target for price in the vicinity of $0.078 mark. Currently, it is quoting at $0.066 and one can put a stop loss at $0.058.
