Hi Guys!
We have the other delicious trade for you today.
Some of you may already have seen this.
ADA is about to start its rally.
Why?
Here are the technical analysis details:
• The price has touched one of the lowest levels ever at 0.00000940
• Bullish ascending triangle observed – breakout at the level of 0.00001160 (let’s wait till the new 1D bar opens above this level)
• According to the ascending triangle pattern theory the minimum target is at 0.00001433
• Since the beginning of May massive volume/interest observed
• Ichimoku Cloud - the price broke TenkanSen(red) and the bottom of the cloud.
This is bullish.
• Further targets possible
1. 0.00001500
2. 0.00001700
3. 0.00001950 (70% profit from the current price level)
So this looks promising.
Stay cool and don’t panic.
Let the price/chart to develop.
Are you in?
Let us know in the comment section.
Thank you for reading.
Hit a like to support.
MASSIVE Hugs!
WBM Team