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bdfulker2
Oct 5, 2021 1:36 AM

ADA possible cup and handle with large upside potential 

Cardano / BitcoinBittrex

Description

Hello ADA hodlers and traders,

Today I present to you bullish outlook on ADABTC pair. The price is currently sitting on the 21 week SMA. If the price can bounce up from here and get above the 0.00006200 sats there is huge upside potential. As you can see in the chart there is long term cup and handle pattern. If the bulls can confirm a break out above the cups top/neckline then the price can rocket up between 0.00010 and 0.00012 sats. From its currently price that is roughly a 3x and a 2x from the top of the cup. Now this is all contingent on the price being able break above the cups neckline and also on what BTC bulls do in the next month.

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This is not financial advice and is to used for education purposes only. I am not a financial advisor.

Happy trading and I wish you long bull market.
Comments
hopiaw
I see the exact same 👍
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