Cardano ready for 80% push after breaking sideways range!

Cardano (ADA). One of the majors finally breaking a massive range after 6-months of sideways continuation.

Usually, these accumulation ranges indicate a bottom, especially when they make such a scamwick as Cardano did a few weeks back.

How is this setup defined?

Well, the major resistance was 535-550 satoshis. That’s broken to the upside.

A retest of this green zone would be a great entry and confirmation of the breakout of this range. Holding that green zone and we’re targeting the following levels;
- 650 satoshis
- 860 satoshis
- 1000 satoshis

Clear invalidation with higher timeframe close below 525.