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Cardano: Ascending Channel

ADA/USD, 4 hours    SHORT Jun 5
An ascending channel occurs and the price is going to break out now. In case if price collapses through the support line, the resulting move could spot a bearish price action. There is a chance of decline to 0.365 on a breakdown of the ascending channel as ADA/USD is at a brink of a bearish breakout.
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