zac_destroys_all

ADA bullish resumption

Long
KRAKEN:ADAUSD   Cardano
After consolidating since the beginning of march ADA is once again showing signs of life. After closing a candle above key support at 1.08, ADA has broken above and closed multiple candles above the very strong resistance of 1.18USD. I expect ADA to at least comeback to test 1.18USD which would present a good opportunity to go long. If we fail to maintain price above 1.18 we will most likely test 1.08 again or possibly lower. If we assume that this bullish flag will be completed the target will be 1.40 USD.
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