Bob_Van_Horne

ADA's Target if Falling Wedge is Broken

Bob_Van_Horne 업데이트됨   
KRAKEN:ADAUSD   Cardano
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.
코멘트:
Things are looking positive on our way back to $2. As I'm writing this update the price action is currently sitting at a minor resistance level at $1.35. You can see the 4 candles from 09Jul21 - 12Jul21 that create this resistance level.

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!
거래청산: 타겟 닿음:
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!

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