🚨 ADA Currency Between the Trap of Fear and the Greed of the Rally! 😱💰
On the 4-hour timeframe, Cardano (ADA/USDT) is swinging around $0.92–0.93 after a strong upward wave. We see the outlines of a cup and handle pattern gradually completing, with a key resistance at $1.00–1.02... And here lies the ambiguity: Will we witness a historic breakout or a collapse that scares everyone? 🤔
📊 Indicators:
⚡️ EMA99 indicator at $0.858 is still maintaining the upward trend.
⚡️ RSI indicator around 51 → neutral waiting for the spark.
⚡️ Critical support: $0.90–0.91, breaking it may open the way to $0.85.
🎯 Scenarios:
⚡️ Breakout at $1.02 → Potential targets at $1.12 then $1.20.
⚡️ Breaking $0.858 → Negative reversal towards $0.785.
⚖️ In summary: The market is testing the patience of traders… Who will prevail? Fear or greed? 👀
Do you bet on the breakout upwards or wait for the collapse? Share your opinion with me 👇
