ADAUSD is forming a parallel channel. There is a possibility that it will have blowoff top with a price target of $26 by July end 2021.
Comment:
Parabolic move
Comment:
The parabola acts as an exit criteria. If the ADA price reaches $10 and breaks below the parabola that is a good exit. And also the parabola acts as a stop loss.
Comment:
Projected path to $26.
Trade active:
Parable still in play.
Comment:
Expected target date Aug 16th.
Trade closed: stop reached