ADA broke a key resistance level at $1.5 which held us back three times. The fourth retest was a clean break which has now taken us just shy of $2. See yellow arrows.
Moreover, to add to the bullishness, we also re-tested our $1.5 as support with this beautiful daily candle, what more can you ask for?
As such, path is clear towards $2 and then once we manage to break that level, $3 is a no brainer. Indicators are also very bullish, as such, I don't see us holding back and ADA should push higher.
The resistance levels on this chart are only temporary. MACD, RSI looking strong and very bullish on daily, 3 day and weekly. When you get such a chart, path is very clear.
Enjoy the ride and profits.
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