ADA to break main Bearish trend

Hello traders,
this is my analysis of possible ADA movements.

After the current triangle formation breakout, we can expect to be retested the main Bearish trend line (upper white line).

From here, it could pull back a bit, and then if the price closes above the main Bearish trendline, I am expecting move upwards according to fib. levels:
- TARGET 1 : $1.454
- TARGET 2 : $1.779

STOP LOSS: slightly below the support zone

Of course, this setup can be invalidated at any time by breaking down the support (green rectangle )

Not financial advice, always DYOR.
Cheers!
Bullish PatternscardanoTrend AnalysisWave Analysis

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