ADABTC: Cardano Breaking a Massive Range
Not sure that it's a good idea to buy something (especially altcoins) at resistance but ADA got my attention.
Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF).
And I think ADA has a lot of chances to do that especially because of the hard fork in mid-February and also we should't forget about the high involvement of users in the test stacking event.
If it will be able to claim 650 level and close above it I'm targeting:
- 700 satoshis (scalp trade)
- 900 satoshis (swing trade)
Invalidation at ~580 sat.
Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF).
And I think ADA has a lot of chances to do that especially because of the hard fork in mid-February and also we should't forget about the high involvement of users in the test stacking event.
If it will be able to claim 650 level and close above it I'm targeting:
- 700 satoshis (scalp trade)
- 900 satoshis (swing trade)
Invalidation at ~580 sat.
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