#14 TA only.'Project Parallel Channel' lol, this is basically an extension of idea '#13 TA only.' Also more detailed with some newly added pc's.
What I think will happen:
- I think we will be staying above the 'yellow highlighted line' (which is the median of the 'lowest yellow pc') constantly, soon if we do manage to touch it again a week or two later, then I believe the price won't go more than 1% under (very high chance it will just stay above) the 'yellow highlighted line'. I also think this line/spot is a good long opportunity now and in the future if the price is close to the line.
- Then I think we will briefly try to challenge the $1 ADA price, possible rejection back to the $0,7-0,8 region.
- If not, we might even get to start the journey to $1,75-2,13.
- If yes, expect a pump (see big arrowed path line, pointing at $4,753) near the end of May/ start of June)
- I believe the 'Vasil hard fork' will bring alote of excitement and action to ADA's price, here is my perspective on the possible price action we could expect from big financial
institutions the coming 4-5 months.
- Based on simple parallel channels, OPC simply stands for Original Parallel Channel. If you want to recreate my chart, you can just look at the transparent
big green dots, those dots are the places I've connected the opc's to, the copies I just placed directly under under the opc. Note: the yellow opc
was made on the 1hr chart. The others on 3hr. The opc's also have a darker background color than the copies.
- Last advice: Just pay attention to the parallel channels (and their median aswell). Good luck.
(This is just my opinion as an unlicensed financial advisor)
Lets see what happens!
