ADA's Target if Falling Wedge is Broken

2021年7月24日

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.

2021年7月26日

註釋

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!

2021年8月13日

交易結束：目標達成

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!