Hello there!
With ADA still being subborn as a bat with people still thinking it will drop to sub 2000/2500 (spoiler : it isn't). ADA is still in the channel drawn here. I have drawn some lines to show how it could move to achieve target.
RSI new support line is holding and should serve as a nice guide to the projected peak.
MACD peaks coincide with news-release on 5th Jan.
Channel boundaries are 2922 and should it break with adequate volume, I don't see how it cannot reach the region of the high 4000s. (projected with Fibonacci extention)
Regards,
CoolShades
With ADA still being subborn as a bat with people still thinking it will drop to sub 2000/2500 (spoiler : it isn't). ADA is still in the channel drawn here. I have drawn some lines to show how it could move to achieve target.
RSI new support line is holding and should serve as a nice guide to the projected peak.
MACD peaks coincide with news-release on 5th Jan.
Channel boundaries are 2922 and should it break with adequate volume, I don't see how it cannot reach the region of the high 4000s. (projected with Fibonacci extention)
Regards,
CoolShades
Anmerkung
We are currently retesting 2922. If it holds, target is should be achievableAnmerkung
Held strong. Lets see where this goes.Anmerkung
Formed the cup, all we need now is a handle...Anmerkung
We are approaching target 1 (4800)Target 2 is 5200
Anmerkung
Target 1 reached. Congrats to everyone. Let's see if we can reach target 2Anmerkung
Target 2 reached. I dont have any more targets for now. Ill wait for the bigger correction and re-evaluate. Thank you all.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.