ADA falls to the edge of cup after forming a DOUBLE TOP pattern
After forming the cup and handle pattern, ADA experienced rapid growth and then created a DOUBLE TOP pattern at 1.25. Based on the classic TA, I expect a 10% drop from the bottom of M pattern(0.236 fib) and a drop to $1 KEY ZONE. Also according to Ichimoku, Cardano's most important support is in the $1 zone. The $ 1 zone also shows the DC Channel midline which is an important line to maintain the uptrend.
Then, in the mid term, I expect the price to rise to 1.25 due to the Hard fork Vasil, which will be released in June. Today, roadmap.cardano published the following sentence:
Finally, they continued preparing for the Vasil hard fork in June.
Then, in the mid term, I expect the price to rise to 1.25 due to the Hard fork Vasil, which will be released in June. Today, roadmap.cardano published the following sentence:
Finally, they continued preparing for the Vasil hard fork in June.
