ADA reversed a three-month slide with a textbook falling-wedge breakout and now oscillates inside a tightening flag above the 0.72 USDT backbone. Bulls guard successive higher lows along that trend beam; maintain it and the pattern’s target aligns with the 0.90-0.95 supply cap highlighted overhead. A dip toward 0.68 would simply revisit wedge support before any larger drive.Trade active
ADA flipped a protracted falling-wedge into an uptrend, carving successive consolidation diamonds along a rising beam. Price hugs 0.78-0.80; defend this girdle and bulls can chase the 0.90-0.95 liquidity ceiling. First defensive post sits at 0.72.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.