ADA exit from falling wedge, made re-test and now ready to grow

ADA exit from falling wedge, made re-test and now ready to grow

Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about big falling wedge on ADA chart and my update to previous idea from 1st November.

At first ada exit from falling wedge upward, it’s good signals for next grow.

Current strong support level is 2.00 USD per token.

Ada made pullback to resistance line of wedge which coincide with support level 2.00 USD.

Now I’m expect ADA will start good upward move to previous ATH at 3.1 and higher.

For higher targets we can take a level 1.618 Fibonacci is 3.85 USD per token, from current prices is around 100% net profit.

Of course price can go higher, but this targets enough for me, so I expect the next pump movement.

Have a great profit !