New ADA Long Opportunity 18-30%+ Breakout

If ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain.

Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some momentum. These resistance levels are based on past price action and can usually be relied on for market price walls.

DYOR AND GET THOSE GAINS!

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Comment:

The first line of resistance was reached, and since I posted, ADA has shot up 16% and has since pulled back slightly, consolidating in our first range between 0.69 and 0.82. Weekend price action can be unpredictable, but let's hope we have enough momentum to keep pushing in the next few days!

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Added a large position to my spot ADA bag over the past few days @ ~0.72. I think this breakout isn't done in the slightest. Short term and long term I am bullish.

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The longer the ADA consolidates, the more explosive the move. We have seen it time and time again in this market. Don't chase other coins after they pump, or you'll get left behind when ADA does. Delayed gratification in crypto is one of the most successful strategies.

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An ascending triangle is forming on the 4HR chart. The trend is currently trying to test support for the third time and may continue upward and breakout after, as this pattern usually indicates a continuation of upward momentum! Wait for confirmation and dive in! Current resistance is 0.80; support is 0.685.