mareksmakosz

ADA/USD massive cup and handle, new ATH

Long
KRAKEN:ADAUSD   Cardano
Cardano's C&H has been forming since 2017 and is very reminiscent of that of silver (albeit ADA on much shorter timeframe).
Its handle, a parallel channel inside of an arc, just broke to the upside and as long as it stays within the handle arc, it's game on.

Target zones illustrated in the chart indicate that we should reach new ATH of about $6, or possibly $15-20.

As outlandish as it may seem, follow the arc and as long as we're in it or target zones reached, we're long.

We're also above a thick volume defined zone.
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