ADA Consolidation Tightens

The consolidation in ADA Cardano tightens.  From a large dip from $2.24 to $1.80 bottom on September 28, ADA has been ranging mostly below the $2.0 mark inside a rising wedge pattern. While it is making higher lows and higher highs, the pair still holds below the 20-SMA. We are slightly bullish given the breakout in BTC and ETH. 

Levels to watch on the upside are $2.0 at fib 1.65, and then at $2.11 fib 2.618, and $2.17 fib 3.618 levels, ranging between the EMA 20,50,100 and 200.

The native support it can find is near the lower trend line of the wedge.