CARDANO PRICE ATTEMPTS BREAKOUT! (Be Vigilant As ADA Approaches DANGER ZONE)

SORRY 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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Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

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CARDANO PRICE ATTEMPTS BREAKOUT! (Be Vigilant As ADA Approaches DANGER ZONE)

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Kane Dane