Trying to break from current range, crossing above ~500sats / EMA50 on the 12H chart could unleash it.
UCTS Buy signals on the 12H/1D (and almost every LTF)
RSI trying to reach bullish levels..
I think this asset is due on current Alt market activity
As ADA is a good coin and has great targets upcoming, after observing Bitcoin Dominance, Price Action, Elliot Waves & ICHIMOKU and considering money management, we can step in with a potion of our money as Mid-Term investment.
ADA had some news of progress and price is moving.
It is now in 'Buy-the-Dip' mode for any fans of this coin.
Watch the resistance zones above for pullbacks to come.
500-504 sats is key support that must NOT be broken.
568-572 sats is the likely target for this current wave.
600-604 sats would be the extended Ultra-Bull target.
See some of my other plots...
Cardano Latest Update Mention On Chart Right now there is no opportunity to buy we need to wait for Reversal Candle Confirmation to take Long Entry.
Note: This is only for Educational Purpose this is not Investment advice.
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ADA/BTC is currently attempting to break out of this accumulation zone it has been in for about 2 weeks. Most alts are getting smashed due to strength of Bitcoin dominance and the overall market environment. However, ADA/BTC has reclaimed the 10/20 day moving averages, which are momentum moving averages, so in the short term we could see further upside momentum....