Cardano / US DollarBinance
Description
⋅ like and many other alts, ADA is squeezing through the end of a consolidation period.
i'm thinking the next push will likely be propelled by a dip down around $2.00, where i'll be looking to buy.
$2.95 is a safe intermediate target, where we'll likely start to see resistance near the ATH and where 3x long pressure subsides.
if that resistance is broken and we see a new ATH, i'm expecting $3.90 to be the next stop.
obviously need to keep an eye on BTC as it's entering a critical range near its ATH and due for a correction. ultimately i think ADA will follow.