ieksec

ADA to 1.53

ieksec Updated   
KRAKEN:ADAUSD   Cardano
Symmetrical triangle converging to low of ~1.06 before 45% increase to target price of ~1.53. Continuation of current macro trend to be followed by mid term consolidation back to support above 1.20
Comment:
Definitely didnt forsee the sell off across everything, but I'm pleased to see that support held (for now at least) at around my projection. We definitely could have fallen down to previous support levels around 0.90, but so far so good.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.