If ADA is able to successfully break the falling wedge resistance we're looking at a huge target at approximately $2.02.
There will definitely be resistance along the way, so I've drawn out the potential scenarios and resistance lines that could impact the price action on the way up.
There will definitely be resistance along the way, so I've drawn out the potential scenarios and resistance lines that could impact the price action on the way up.
עסקה סגורה: היעד הושג:
ADA just tapped the $1.998 mark. While this isn't the exact target I had lined out I am content in calling right now a successful falling wedge breakout!
We have easily passed through the $1.31 fib retracement level so we could see our next price decline back to this mark to test for support.
Overall, signs look positive!