imightbeadesigner

ADA Set to push towards the ATH

Long
BINANCE:ADAUSDT   Cardano / TetherUS
I expect Cardano to push towards the ATH after hitting the low of 1.87. However, expect ADA to drop a little bit more to the 1.90 level as indicated to cover stop losses before the push towards the ATH . Using the Fib, we expect ADA reaching the level of 2.7 once it breaks this ATH .
Comment: Expect ADA to retrace back to the levels around 2.25 - 2.20. If sell-off continues, levels at 2.08 - 2.05 to be covered, the wick of the candle will for sure hit the levels between 2.03 - 2.00.
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Comments

Is ada still gonna go up or is it gonna be bearish the next few days
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@Majeed10, Ada will still go up, however, with that being said ADA is at an exhaustion phase. It is hyperextended from the $2.00 level. So expect some quick/flash drop to take out some stop losses before continuing its run. From TA POV, it shows that $2.7 is likely before this flash crashes.
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