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