The cup and handle pattern for ADA confirmed.

Mar 28, 2022

After forming the cup and handle , the movement is expected to be ascending and equal to the amount of dip to ceiling of the cup. So after forming a small handle, we expect an increase of 28.7%. The existence of a 1,260 key point confirms our conjecture. After reaching the 1.260 target, we expect a correction to short-term bullish channel floor.