ADA.D has finally found support from the rising wedge and broken above the descending trendline.
1W MACD is above to cross above. I would anticipate resistance at the 0.5 fib/MA50 - but a generally upward direction over the next few weeks/months. To complete the cup and handle pattern.
Once completed ADA.D exposes a target of 2.618 at 12.24% dominance - ADA would become a very large portion of crypto market cap. Time will tell if this truly makes it that far.
I am looking at new ATH targets for ADA in the mid term (weeks ahead).
Good Luck
1W MACD is above to cross above. I would anticipate resistance at the 0.5 fib/MA50 - but a generally upward direction over the next few weeks/months. To complete the cup and handle pattern.
Once completed ADA.D exposes a target of 2.618 at 12.24% dominance - ADA would become a very large portion of crypto market cap. Time will tell if this truly makes it that far.
I am looking at new ATH targets for ADA in the mid term (weeks ahead).
Good Luck
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.