$ADA is breaking out! Cardano is pushing toward 0.28, is a massive rally incoming? đđ„
Entry: đŻ 0.2700
SL: đ 0.2480
TP: đ° TP1: 0.2850 | TP2: 0.3000
$ADA has been in a massive uptrend, skyrocketing from 0.1894 to a local high of 0.2824 đ. It's currently consolidating right below this resistance, holding perfectly above the yellow MA(7) at 0.2555. The bullish moving average stack (MA7 > MA25 > MA99) confirms strong momentum. If the bulls break through 0.2824 with volume, a run toward the psychological $0.3000 level is highly likely. If it loses 0.2500, the momentum is dead.
Am I wrong? Tell me below đ
#ADA
Entry: đŻ 0.2700
SL: đ 0.2480
TP: đ° TP1: 0.2850 | TP2: 0.3000
$ADA has been in a massive uptrend, skyrocketing from 0.1894 to a local high of 0.2824 đ. It's currently consolidating right below this resistance, holding perfectly above the yellow MA(7) at 0.2555. The bullish moving average stack (MA7 > MA25 > MA99) confirms strong momentum. If the bulls break through 0.2824 with volume, a run toward the psychological $0.3000 level is highly likely. If it loses 0.2500, the momentum is dead.
Am I wrong? Tell me below đ
#ADA
