Cardano breaks out of its descending triangle pattern and aims for a 48 percent gain to $1.6. On the 4-hour map, the MACD has confirmed the bullish outlook. Triangle patterns are known for having precise targets, making them simple to exchange. On the downside, if Cardano fails to find support above $2.2, a correction will occur. The price is predicted to be anchored at £1.14 by the 100 Simple Moving Average (SMA).