As we can see here on the daily time frame for Cardano (ADA) on Binance, there may be a potential breakout from the being printed since the peak of the large wave. As we can see, ADA had peaked around 1600 satoshi on its last rally. Additionally, we can see an even / of sorts forming over the last week or so. The immediate targets for this are marked by the green arrows, around 1100 satoshi.
This coin has printed a higher low (blue box) and broken back above the 10, 21, 50, and 200 EMAs, and is now pushing to break out above the 100 . We have nice, increasing buy coming in. The and have also both been rising steadily, adding to the sentiment. As such, I am strongly on this coin.
I am already in a long position for this coin, but a potential short-to-mid term trade setup now could be:
1 - 1100 (+12%)
2 - 1315 (+36%)
3 - 1525 (+58%)
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Price at writing: 959 satoshi.