We will either continue from here to 53k-54k and consolidate or we will pull back to retest 49k in the short term then blast back to 53k-54k! Get on the BULL!!!
The price is currently being pushed down by large sells (Whales) However they can only get it down so far! There is buying pressure mounting and the chart is coiling tighter and tighter. We will soon see a breakout and retest of the 51k->55k zone in which WHEN (not if) we break above, we will see a HUGE leap to at least 62k possibly into the 75k-85k region. (I...
Anchor wave -> Medium Trigger Wave -> Small Trigger Wave (1hr chart and lower) pump incoming!
A double bottom has formed for the ADA and BTC trading pair AND it is breaking out of the descending triangle!! Be prepared for a major RALLY!!
WATCH FOR THE SECOND RESISTANCE LINE IN GREEN TO BREAK!! IF SO IT IS TIME FOR A BIG MOVE!!!!
As stated previously, The ADA BTC Pair is in a very bullish pattern. (eg the bull flag) but I found it interesting that both times it dipped to the low side out of the formation it dropped significantly and then was bought back up within a 5 minute time frame both times! This is a very good sign and I'm eager to see this develope further! Good Luck out there everyone!
This is a concept of what I believe to be ADA/Cardano's trajectory for this bull run! Keep in mind that on the way to these price points there WILL BE MAJOR CORRECTIONS of up to 40-60%!!!!! DONT FORGET IT! BE MENTALLY PREPARED!
We have broken out of the descending wedge and have entered a very bullish flag! Watch for continued trading in the support and be prepared for a breakout! Potential for breaks to the lower side are possible but less likely!
As Predicted in my earlier chart, The descending wedge has been broken to the upside and ADA is highly likely to be at the start of it's next big run! GOOD LUCK AND HAPPY HODLING!
A Double bottom has just formed on the 1h chart and on the 4h hour chart has crossed above the 60 & 120 MA retraced and his now headed back above them! This historically during a bull run has led to 100%+ rallys!!! GET READY
before BTCs next big run watch for this level! If it breaks below we could see another retracement back to 46k before the next bounce! STAY AWARE!
THE WEDGE IS TIGHTENING!!! STAY ALERT!! SET ALARMS FOR BREAKOUTS! YOU DON'T WANT TO MISS THIS RALLY!
I have highlighted the double bottom formation as well as the VERY BULLISH GREEN DOT ON EVERY TIME FRAME UP TO 3H (should appear on the 4h and greater soon!) The RSI is in the 30 range and the trigger waves are signaling a reverse trend about to go down! GET READY!!!
WATCH THE NEXT 2 hours for next confirmation of short term trend! LETS GET IT!
Highlighted are 3 bullish predictions on short term price action for the ADABTC pair! A Breakout is imminent! Pay Attention to this one as the next stop could be $2.00
Not only is this chart showing an amazing breakout in the works, but the fundamentals behind ADA right now are too impressive to skip over! DYOR and look at how amazing ADA is.. you will not regret getting on this ride!
You can see from the indicators THIS is all but a sure bet! Gonna break ATH THIS MONTH! GET IN!