ADA/USD - About to break major resistance! Road to $1
ADA is at a major resistance point just under $0.40 cents.
We may get a push back, if not, we will rocket up towards $1 / ATH!
Momentum favors a bullish bias and any push above this line will likely make us go up very fast. The parabola in yellow gives us a good indication of the momentum at play. If we breakdown this parabola, then we may need to range longer before we push above.
In any event, the price action here and candles look bullish to me. Longs can be taken once we make this resistance support, then ATH is next target.
ADA is also one of my top picks for altcoins in 2021, see below the links to my top 10 picks this year. EnNjoy the ride!
Like and follow if you liked this idea!
We may get a push back, if not, we will rocket up towards $1 / ATH!
Momentum favors a bullish bias and any push above this line will likely make us go up very fast. The parabola in yellow gives us a good indication of the momentum at play. If we breakdown this parabola, then we may need to range longer before we push above.
In any event, the price action here and candles look bullish to me. Longs can be taken once we make this resistance support, then ATH is next target.
ADA is also one of my top picks for altcoins in 2021, see below the links to my top 10 picks this year. EnNjoy the ride!
Like and follow if you liked this idea!
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