Yesterday we broke out of an ascending triangle. The bulls still tried to fight back, but we just hit the exact target of 1.375 I mentioned earlier.
Now ADA is trying to climb back up, but we formed a downtrend and are now in a symmetrical triangle. There is also very big resistance at 1.44.
To me it is likely that we will break down further out of the...
Heavy resistance at 1.44
Triple top on 15 min chart. I think we will go to 1.3 . Then retest the bigger trend and bounce off and go to the moon :)
Not financial advice
After a small retracement I believe we will sky rocket.
First target around 1.47 (maybe 1.45) --> target in 2 weeks 1.8 - 2$
ADA has been consolidating for a long time and is ready to explode.
Just my opinion, not financial advice
ADA is trying to break the fibonacci 0.618 restistance level (0,32 cents). Looks likke fib 0.5 acts as a pretty good support at around +- 0,308 . We are also still in the trend and haven't broken it yet but it's fighting. Personally I expect to go up, but if we break and confirm 0.5 fib, expect to at least go down to 0.30 , then 0.28 and if that doesn't hold 0.26....
