ADA.D has finally found support from the rising wedge and broken above the descending trendline.
1W MACD is above to cross above. I would anticipate resistance at the 0.5 fib/MA50 - but a generally upward direction over the next few weeks/months. To complete the cup and handle pattern.
Once completed ADA.D exposes a target of 2.618 at 12.24% dominance - ADA would become a very large portion of crypto market cap. Time will tell if this truly makes it that far.
I am looking at new ATH targets for ADA in the mid term (weeks ahead).
Good Luck
1W MACD is above to cross above. I would anticipate resistance at the 0.5 fib/MA50 - but a generally upward direction over the next few weeks/months. To complete the cup and handle pattern.
Once completed ADA.D exposes a target of 2.618 at 12.24% dominance - ADA would become a very large portion of crypto market cap. Time will tell if this truly makes it that far.
I am looking at new ATH targets for ADA in the mid term (weeks ahead).
Good Luck