Preparing for the coming 2021-2022 cryptocurrency bull run, ADA has backtested the previous resistance turned support. Important levels moving forward are $0.20, $0.40, and $1.34 USD. Looking forward to the coming year!
Trade active:
A quick update:
Target almost reached. It looks like this was quicker than expected. I see a massive cup and handle formation, with a rim at the all-time highs. I see a pullback, likely a correction in BTC pulling ADA down from the all-time highs, forming the handle, before blasting to new all-time highs. A measured move would be to the $3 area. Expect to see $5 to $10 by the end of this year.
Target almost reached. It looks like this was quicker than expected. I see a massive cup and handle formation, with a rim at the all-time highs. I see a pullback, likely a correction in BTC pulling ADA down from the all-time highs, forming the handle, before blasting to new all-time highs. A measured move would be to the $3 area. Expect to see $5 to $10 by the end of this year.
