ADAUSDT $0.20 Next Long Target

Cardano is looking very bullish with a clean bounce off of $0.14. now that it hit $0.169 and the top trendline, it looks like the resistance level at $0.197 is going to hit pretty easily. Cardano hasn't touched these prices since 2018 but I believe now is the time that these TP's will start hitting.

If we can breakout upwards then these TP's are in play, otherwise we're going to see a slow pullback to $0.14 before moving back up. This is a critical decision point for Cardano, this is the moment of truth to find out if it's going to continue pumping.

This chart is obviously on a daily timeframe, so if you would like to see my weekly chart of ADA and all the TP's I have marked out then please feel free to check out the linked chart below, thanks. here are my TP's on the daily chart:

TP1 🎯 $0.19701
TP2 🎯 $0.23677

These altcoins still have a massive mountain to climb to hit their ATH price, while Bitcoin has soared through its and is about to hit 25k. I am bullish on altcoins with use-case to reach their previous ATH prices. I believe we're starting to see that as this year was the slow build up for the 2021 bull run season.

Cheers to all you traders thank you for your support
kyer
ADAUSDTBeyond Technical AnalysisCandlestick AnalysiseasylooteasylootcryptoSupport and Resistance

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