Powerslider69
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Joined Apr 19, 2019
ada
fibonacci
fibonaccicircles
long-term
supportandresistance
trendanalysis
trendline
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Hit the reset button, to get closer (applies to your crush too) The levels in blue that appear to be lines are actually Fibonacci circles (if you zoom out) with a trend line that starts from the 2015 bear market bottom and acts as support in BTCUSD's uptrend towards 20k and also acts as support in 2018 bear market. The price has been hugging this trend line for...
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The blue ascending parallel channel starts resonating with the price since all the way back in Mar 2020 could give ADA support as long as it stays within it. Notice how I've placed the bottom of this channel above the price in Jul-Aug 2021 to denote it was acting as resistance and in doing so, the mid-line of the channel is more in confluence with the price all...
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