ADA nearing the end of consolidation?

2021年4月11日

ADA has now been consolidating for just over 2 months above $1.00 during this current bull market cycle. The fact that it has been maintaining this price without significant variation in relative trading volume and that it did not undergo a correction below $1.00 during the crypto market pullback last month is a very bullish signal. From technical analysis of candlestick patterns, the probability of it breaking towards the upside from the wedge is much more likely as long as BTC and ETH maintain a stable price. I would expect a break-out before the end of the month but continued consolidation is also a very bullish sign,

Buy at 1st support $1.16-1.20
Buy MUCH MUCH MORE at 2nd support $1.00 (I would personally liquidate other coins to buy more ADA at this price as it would be an absolute steal)
Price target #1 = $1.45