CARDANO ANALYSIS ADA/USDT Cardano (ADA) is in a strong uptrend. The bulls pushed the price above the all-time high at $2.47 on Aug. 20 but the long wick on the day’s candlestick showed selling at higher levels. The altcoin formed an inside-day candlestick pattern on Aug. 21, indicating indecision among bulls and bears. The uncertainty resolved to the upside today as the bulls have again pushed the price to a new all-time high. If buyers sustain the price above the breakout level at $2.47, the ADA/USDT pair could rally to $3. However, the long wick on today’s candlestick suggests that bears are unlikely to give up without a fight. They will try to pull the price back below $2.36 and trap the aggressive bulls. If that happens, the pair may correct to $2.20. If the price rebounds off $2.20, the bulls will again try to resume the uptrend. A breakout and close above the $2.47 to $2.65 will enhance the prospects of the continuation of the uptrend. Alternatively, a break below $2.20 could pull the price down to $1.94. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #cardanonews #cardanoafrica #cardanocoin #cardano #cardanocommunity #cardanocoins #cardanowallet #cardanofoundation #cardanoclub https://www.instagram.com/p/CS556pasDv0/?utm_medium=tumblr