Only because I'm greedy and want more cheap ADA, here is what I WANT and THINK will happen. Double top, then correct back to 4k as new stable price. BTC surge will be the cause of this. Happy New Year!
- Volume has been picking up, accumulating can be seen. - RSI heading towards last oversold dip before retrace. - Heading towards cloud, looking to breakout of cloud and second fib resistance on new years day. I'm personally leaning towards 16k. If this doesn't play out, we are in for another dip back below 1st fib.
Tested the first fib resistance thanks to McaffSHILL. Looking oversold now on RSI, may see another test at fib again when RSI flips direction. AIMING for anything above 669 sats really, want to see if enter next fib bracket.
Broken Fib .5, if it manages to break resistance on the green line, could see a push to 8k by the end of today.
- Broke first fib resistance - Rumored Elon musk partnership announcement - POWR public Christmas party this Thrusday (potential stage for announcement) Buy the rumor if you want and ride the hype until then?
Broke from the cloud after the T-k cross, now well above cloud. Will wait for next T-k to sell.