ADA has amazingly made a new high after two years of consolidation. If this pullback settles on 50-weeks EMA, the price is likely to convert the final 5th wave up to 0.21 doubling the current buys.
Note
since my last post, ADA held 50-weeks EMA and should extend to 0.14 for a solid retest as long as the 50-period average makes buyers in play.Trade closed: target reached
Congratulations holders, ADA nicely extended beyond expectations and broke 0.21. Long term upside in hands.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.