ADA Ready to Fly: Cup & Handle Pattern + Fibonacci Targets

Cardano (ADAUSD) is forming a classic cup and handle pattern on the higher timeframe, signaling a bullish continuation setup that often precedes strong upward moves.

Combined with Fibonacci extensions, the breakout potential is high, with multiple target levels mapped out:

Target 1: 0.618 Fib – 2.0005 - confirms breakout strength

Target 2: 0.786 Fib – 2.4845 - momentum continuation zone

Target 3: 1.272 Fib – 3.8846 - full extension based on pattern measurement

Target 4: 1.618 Fib – 4.8815 - aggressive bull target for long-term holders

If ADA breaks the handle with strong volume, it could initiate a powerful rally. This setup is ideal for swing traders looking for a high-probability entry.

Let’s catch the next big move together! 🚀