ADA Long Opportunity 30%+ Breakout

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ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long opportunity if you have waited for an entry point.

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ملاحظة

So far so good, the break out has moved to the upside. Up 13% at ~0.59 as of writing this. We touched 0.61 but are getting a market wide small pull back today. I am holding.

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ملاحظة

Getting closer to TP range, touched $0.63 on 02/18. I think this is just the beginning for an altcoin run. All the technicals for BTC dominance and total altcoin cap - Ethereum look good. ADA might be leading the pack here.

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ملاحظة

TRADE COMPLETE, TARGET REACHED AND SOME. We hit 0.67 and touched 0.70 shortly after.

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ملاحظة

If ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out then here are two more targets to watch, 0.82 for an 18% gain and 0.9 for an 31% gain.

Watch and wait for confirmed breakouts from the drawn resistance levels and enter once it surpasses them with some momentum.

DYOR AND GET THOSE GAINS!