ADA, finally getting ready to break out.

I have been bearish on Cardano until this recent move down. There is still the possibility of a shakeout down to $1.45 - $1.50 but imo the down move is nearly complete.
It is at a previous strong level of support and is getting bought up as it dips.
Cardano tends to enjoy running to the X.272 fib range (Daily Chart).

My opinion, not advice.