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ThawonP
Dec 27, 2020 10:32 PM

ADA BULLISH BREAKOUTΒ Long

Cardano / TetherUSBinance

Description

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+ADA facing another attempt on its 4 year valley .$169

+After its first attempt on this valley we saw a major pullback 35% and closing right above $.13 support

+Since then it has created a accumulation zone and I have identified a bullish trend line that was stared on the 16th.

+We can see it has tested this level 3 times confirming it as a official bullish trend.

+
on the daily we can see we are also coming to
and end this wedge. Breaking this wedge and breaking the 2 year valley would allow ADA to Hit new resistances.

+Only time will tell with this one because ADA hasn't made much movement in the past so im not betting big on this postion.

1st TP $.18 πŸ“Š
2nd TP $.2πŸ“Š

Comments
kyer
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Easy Loot this is going to the moon
BigCoinGuy
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nice spot!
ThawonP
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@BigCoinGuy, Thank you hope you took this😊
Browb22
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Nice work!
ThawonP
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@Browb22, Thank you its up 8% since I postedπŸ₯‚
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