LOL I may be biased since I bought ADA at an entry point but I can see ADA breaking an ATH, but for now it is just bullish. As you can see it has broken out of the bullish pennant pattern and so we can be looking to long it on the retest. However, this can be a bull trap and we can get overthrown to a correction so be careful by setting good stops! (NOT FINANCIAL...
With a magnificiant performance that I sadly did not get to be part of, ADA has proven to perform massively breaking new ATH in the charts. For now I think I may enter at one of these suppport levels that I am highlighting if coming for a retest. The analysis that I have partaken in is that the RSI seems to hinting to a bearish divergence and we could be waiting...
As support gets higher we could be looking at a resistance level fliping into support level as we aim for the ATH. This is very bullish with a clean double close getting out above the resistance. If this resistance turned support holds and is not a bull trap we could be expecting a bullish continuation soon!.
BTC may be coming too a short as there is a divergence in the RSI and an the ichimoku and stochastic oscillator may suggest there could be a correction. This is no FUD however as each sides could go either. I would suggest to wait on the price action and market structure to short and/or wait to buy at the support level for a bounce. It could happen or not but it...
The rounded retest was not as bad but the indicators are suggesting that LTC could be breaking new resistances soon. There may be a dip incoming to place limit buys but IMO it could go either way. With an impulsive candle break like that suggest that the support is doing good work and this will end up being quite bullish!!! (Not financial advise)
XRP is looking to perhaps break into the Komu cloud tnad potentially go from edge-to-edge. The TK cross should now symbolise for everyone to start getting out of their shorts and look towards a long as XRP is looking to break ATH. Part of this analysis was influenced by @tradersz and I am a beginner so kudos to him!
