Ikesik

Ikesik Updated 

If you've read my previous ideas on ADA over the last few days, you'll know I am bullish on ADA both from a technical and fundamental perspective. I won't recap my reasoning here, but will instead refer you to my previous ideas if you're interested. I have updated the chart here with some additional labels, but note that the channel and triangle lines remain the...

Ikesik

Over the last couple days I have put out a couple bullish predictions for ADA, and I'm doubling (tripling?) down on those predictions here. To recap: If you look over my last two posts, you'll see I have identified a couple points to watch. The first was the ~1.06 level which I predicted would be the local minimum for ADA. I based this mostly on the channel/range...

Ikesik Updated 

Yesterday I predicted a fall to 1.06 with a medium term rise to 1.53. We saw a selloff across most currency pairs yesterday (driven primarily by activity in BTC and altcoin panic sell-offs). Even yet, we reached a local min of just over $1. This indicates to me that investors remain bullish on ADA near-mid term. On the fundamentals side: ADA is still...

Ikesik Updated 

Symmetrical triangle converging to low of ~1.06 before 45% increase to target price of ~1.53. Continuation of current macro trend to be followed by mid term consolidation back to support above 1.20