Nice cup and handle formation on the 4hr chart getting formed. Expecting January, after tax loss harvesting. For a pump to atleast $1.70
In the 4 hr and 1 day charts for ADA I see a REALLY BULLISH symmertical triangle withing the bullish macro support line. The RSI looks healthy enough to confirm a bullish pump from this, and we are just nestled upon the 200 day moving average. I can definitely see some blast off right here. Especially with incoming defi and Hydra news!
Judging this from a TA perspective, adding with some Fed narrative. Im hoping for this 5th point to take on within the next three months. Especially if the Fed wants to have three interest rate hikes in 2022. We already saw a 58 % drawdown this year alone, I expect this 62% drawdown to be a part of the plan. The end price speculation for me is $3.9 - $4 in the...
This basically is a full trend analysis of Cardano from 2017 to now, more specifically, 2020-2021. I see it playing out bullish, especially looking at BTC stock-to-flow model. Which is point for another leg-up for BTC.
I really wanna see it bounce back and do one last giant rally. Getting to $6 is cake especially with all the good news ADA can spread to cause a surge. We have so many good fundamental upgrades coming in the near months. I hope everyone is ready for these insane movements!!!!
Here are all the possible options I can forsee with the data available. You have to always prepare for every option. These options are all on the conservative side as well. I hope you enjoy these predictions!
This is definitely the conservative ADA chart for people with reasonable mindsets. I say it could definitely shoot higher depending on BTC price at the end of this cycle.
We have been on a descending wedge and recently held support with the line shown above. Its only a matter of time before this puppy takes off!
Its looking pretty good for another ADA takeover pretty soon. Id keep your eyes open on this!
Pretty self explanatory on whats going on with this chart here.
Seems like LINK is poised for a bullish break out soon! Keep being posted!!!
Consolidation extension all depends on if we break out of this triangle of resistance and support in the short term.
Here are my final thoughts on how ADA will handle the last leg of the market. As you can see The breakout time is between the 7th and 14th. ONLY bullish scenario.
On the 4hr, I am seeing a head and shoulders formation occuring within the symmetrical triangle. I wonder if ADA will break to the downside while BTC is on an uptrend in the next month or so. What do you guys think about this TA?
What do you guys think about the now-forming symmetrical triangle at play here? Bullish for me!
Would love some feedback on what you think of how I'm tracking so far, I'm basically using momentum oscillators with ascending and descending wedges. I also Found my ascending wedge resistance from the prior all-time high. What do you all think?