DU09

ADA/USD - About to breakout! Get ready! 🚀🚀🚀

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BINANCE:ADAUSDT   Cardano / TetherUS
ADA is approaching the end of this formation and I'd expect a nice breakout. At least this is what the indicators are suggesting.

However, wait for this formation to resolve to get confirmation, then enter your position. A break above $1 will set up on a path towards $1.3 at least. If we fail to breakout then we may fall to $0.75.

Time to be patient and let the price lead the way. :)

For now bias remains bullish, but wait for confirmation, do not buy here as this is still too risky/uncertain. We have resistance just above and we need to push above it to be sure.

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