ADA very close to breaking out!

15 thg 4, 2021

Here's a quick look at ADA 4 hr chart. As we can see, the price has been forming a bigger ascending triangle. The price broke out previously but fell back again. Now it might be attempting another breakout and watch for some volume at the breakout point. If it manages to break out with good volume, then we might see a 1.8$ ADA! Keep an on this one!

The idea is: Buy the breakout from the yellow triangle and Take profits at the levels shown in the chart.
Targets:
1. 1.55$
2. 1.78$

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!