Cup and handle formed on ADA 4H chart, targets 1225 and 1400
Updated
A nice cup and handle has formed on the 4h ADA chart. With a swing of 100 sats that brings us to 1225 before testing the 1400 level, and who knows what then?!
Looking at the RSI, looks healthy, we got a long way to go before we reach overbought conditions :)
Bigger cup and handle on the daily:
Looking at the RSI, looks healthy, we got a long way to go before we reach overbought conditions :)
Bigger cup and handle on the daily:
Note
Today ADA bounced right back to the upside of the 100 day MA and started his journey to the 200 day where I think it will be at within three weeks. After that we will be visiting 2500 sats at least in the short therm.The ADA rocket is about to take off!!
Note
Elliot wave added:Note
We're goining according to plan :) At this rate we should test the 200 day MA in about a week, that will be the big test for ADA:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.