ThawonP

ADA Last Shake Out Before ATH's

Long
BINANCE:ADAUSDT   Cardano / TetherUS
+Coins are looking good and very similar across the board.

+ADA after being in accumulation since the end of Nov finally broke its resistance during the beginning on January and just sky rocketed from there.

+Multiple test on the Monthly resistance
$.34 cents but failed to close above this level and also failing to test its weekly resistance of $.36 cents

+as we can see failing to break that monthly level it came back down to the level of $.24 cents.

+ After a 100% pump in a matter of 5 days Ada is going to need some time to cool off rest and prepare for its next move up.

+Here on the 4 hour chart you really can't see much.


But on the 30 minute it looks like Ada is creating accumulation zone.


+Its simple at this point if you missed the $.24 entry your gonna want to find a breakout on the 30 or 15 minute and hold that postion before ATH's

I dont think we will pump right way due to the fact we already pumped nearly 100% in juts 5 days this move is exhausted and definitely needs some time to accumulate.

First TP $.31📊
Second TP $.34📊
Third TP $.36📊




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