Long

ADA long term play

Updated

I threw the tea leaves, I drew some lines and a cup.

Lets see how this one plays out over the longer term. Its just for fun really. IMO ADA bags are for long term HODL.
I've roughly modeled it on other past moves from big caps as they matured.
If you look at the dominance graph with ADA and ETH. It looks like ADA has just completed its first 'shelf'.
coinmarketcap.com/charts/
Just turn on ADA and ETH. Set to overlapping.
ETH completed two of these shelves before going for its home run hit. I expect ADA to do the same over time.

Interestingly March 2021 seems to be an important line up date on a lot of other graphs I am seeing. I am expecting some fireworks around then, and some maybe difficult decisions.

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hit black line. stopped. now should pop above it and test it, then quick flash up above .60. lets go!

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going VERY well. seems i didnt tighten the fractal up enough; ie its moving faster, but we seem to be on the first ledge up to the high around 65c.

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71c maybe

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TARGET HIT right on point

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this move is happening faster. starting to thing my long drawn out correction is going to be a few weeks only, then up to first alt bull run top; that middle channel; about 2.50..
lets see

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yep def happening faster. horizontal levels being respected though.

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6 bucks incoming

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well, its starting to look like this may play out for the more extensive correction originally predicted. if thats the case (see my latest ada/btc analysis) then its best to just sell up and wait the month or two for a further brutal bottom.

i tried to buy for the bounce...which never really came. got rekt.

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well its looking quite good actually USD wise, lots of sideways accumulation (seemingly) while everything else basically took a harder dump. BTC ratio wise it looks terrible so hrmm: $15 approx to the top of the range if it goes bonkers for another round.

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this is all happening a bit faster as mentioned above. 3.10ish is the next midline target. then from there that 6-9 region. then it ends or goes on some insanity run to like 15-20 before mega cycle ends.

all i can say is. i wish i still had my heavy bags. :)

Crypto-Quantum-Fox

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