Lots of people have been frustrated with ADA's inability to break heavy resistance at 1.50. Lots people are learning the hard way that markets ebb as much as they flow. However the big picture here is still very much bullish. The big picture for ADA even looks bullish VS. BTC. A symmetrical triangle pattern has been developing over these last couple of weeks on the ADABTC chart. The upside target is 0.00003400BTC. To confirm this as a bullish trend I expect a bounce at 0.00001740BTC. If we break below this level is will spell trouble for ADA VS. BTC imo. To confirm this as a triangle pattern ADA will then have to break the resistance trendline, closing candles on the 4 hourly and especially daily charts only then will I be confident in this move when considering the time frame it took to develop.
60000 X 0.00002000= 1.20USD
60000 x 0.00003400= 2.04USD