ADA is trapped between two channels right now, if you look the graph is creating higher highs and higher lows which signals bullish momentum. But I have to say that I am also worried about BTC possible dump in the coming days, market seems very manipulated right now and the wind could change sides very fast. Be prepared for every scenario, uso OCO orders to...
ADA is my favorite project, my favorite graph in analytical terms, and the easiest asset to invest right now on my opinion. BUT, that's why we have to expect normal pumps and dumps from it, I don´t believe it is skyrocketing fast like everyone says. ADA will be ADA, it will behave like a good boy as always and go up with time, I believe in the ATH of ADA in less...
ADA is my favorite project, my favorite graph in analytical terms, and the easiest asset to invest right now on my opinion.] BUT, that's why we have to expect normal pumps and dumps from it, I don´t believe it is skyrocketing fast like everyone says. ADA will be ADA, it will behave like a good boy as always and go up with time, I believe in the ATH of ADA in...
ADA is trying to stick inside the bull channel but it needs more accumulation for a pump to 0,6. I don´t see 0,44 as a big resistance if ADA pull back to 0,33-0,30 area, which would be healthy and a good opportunity to ride it again.
On my view BTC will come back to 38k before a possible dump, orders around 35k on BTC are huge right now. In the meanwhile ADA will move to the big boys channel ( BULL channel in green) if BTC retest 38k. Lets just hope it doesn`t fall into the old channel again. Next target 0,44 after that pull back to 0,39, and bulls to 0,6 after that pull back to 0,44 and...
ADA is likely going extremely bullish if BTC retests 38k. On my view BTC will come back to 38k before a possible dump, orders around 35k on BTC are huge right now. In the meanwhile ADA will move to the big boys channel (BULL channel in green) if BTC retest 38k. Lets just hope it doesn`t fall into the old channel again. Next target 0,44 after that pull back to...
Ada is forming a couple bullish flags in the process of breaking 0,38. Also BTC Dominance is at 66. A pump now is very likely, and the 0,32 support is very strong, stay strong and lets break some resistances. TP: 0,42 - 0,46 - 0,5 - 0,56 - 0,6
ADA is set perfectly for a pump in the next days, symmetric triangle gives 60% probability to the bull as always, possibly going to 0,5. Which would move ADA to the bull channel, and that would be just great, ADA has a lot of space to grow, but its such a good boy staying in the same channel. Also, I believe that Bitcoin dominance is about to drop significantly
BTC is really hard to predict right now, with many indicators like RSI, mayer multiple, double top formation showing a possible dump. And at the same time stimulus checks arriving, I have no idea what could happen. My best guess is, lateralization for a couple weeks, losing dominance and leaving space for alts to pump.
BTC is showing a double top pattern around the 40k area, with the weekly RSI super high, mayer multiple super high, selling pressure super high, and I could go on... BUTTT, with stimulus checks coming I have no idea what BTC will decide to do. In 2017 there weren´t stimulus checks around, no extra money in people´s pockets like today. I guess the best thing to...
ADA formed an open bull channel in the past days, that I am calling bull channel. It passed the EMA 200 average as well (those who bought under the EMA 200 did a good job) I see 3 scenarios for the next days. 1 Scenario: BTC will come back to 42k forming a double top that could lead a big dump right after that. That could trigger ADA to break the regular...
Like I sad in my last analysis, BTC needed to pass the red line (which was a retracement level of Fibonacci I traced) to test again the 42k level, possibly going all the way to the top of the channel testing 46k. I don´t believe it will go further in the near future though. 1 Scenario: BTC will come back to 42k, even 46k, forming a double top that could lead a...
BTC is facing a clear downtrend that on my opinion can last for 2-5 weeks But never forget that BTC almost always come back to the top forming a double top pattern before another dump. We can see this pattern many times in the past.
BTC could pump up to the top of the channel around 42-45k but don´t expect it to keep going up now, it could go down to the bottom of the channel in the next weeks to test 25k and 29k.
We are depending on BTC´s dominance now, how will it play out in the next days will define ADA´s future. I still highly doubt that ADA could go lower than 0,20 if a major dump happens, those who bought it in the past at 0,17 should just wait and relax. I hope that many of you bought it during this dump to 0,24. For me it was a great buying opportunity to use some...
There was a sudden drop on BTC dominance yesterday, it recovered so fast, and that looks like a BTC trap to me. The Alts that are pumping are the specific one that have a stable channel, like ADA, DOT, ETH etc. What grinds my gears though is that way too fast liquidation of ALTS in the market. The pump and dump ones have to die to leave space for the good projects.
We are under a decrease Dominance pressure where people don´t know if its a market crash or just alts season. On my view we are setting up for Alts season, people are just waiting for BTC to stay stable for a couple of days.
ADA did not break the regular channel it created since the big dump, but it definitely has space for it. What I love about ADA is that is always following the trend, constantly going up and down inside the channel like a good boy. Best case Scenario: We break the channel upward and try to reach the the ATH Worst case Scenario: ADA fall all the way down to the...