Hello. I have been monitoring ADA chart for a good few years and many months. I have it charted since way back. I've included some future projections based of the TA and just thought I would share it with the community here on trading view. Why not right? Feedback is welcome.
The chart explains itself, in my opinion. However, I'm looking at my entry at 7400-7500. If it goes below 7k I would look for a second entry at 6600 or so. I am totally a big BULL - It's gonna bounce hard!
Wow .. can't believe I nailed this projection a week ago! Look at that just touch at 7500 .. Still think it may go lower .. but not to 6k .. perhaps 6500-7000 tho. Only been doing chart projection thing for about 1.2 months.. Just need to follow my own projections now, lol!
I call this Blue Skies. Long term projection from the 'ground' (Brown) with 'Blue Sky' projection (Blue) to the Moon. With mid support/resistance levels (Green or Gray or Red). Horizontal Support/Resistance lines are shades of Green, Gray, or Red. Blue is of course, Blue Skies. Angled dotted or dashed lines are projections. ... Dotted is keyed on short term...