ADA - 3 Scenario's i see -
Hi all,
Based on the fib retracement of the last ATH i based this chart.
It gives 3 scenario's.
1. Its alt season and the bulls pick up the trend and it will become a moonshot towards the 2$
2. History repeats itself. Ada goes towards 1.60$ where a lot of sell orders will get triggered and the price drops back to the new support of 1.35$. Where it will consilidate just like before to pump again towards 1.70-1.80.
3. BTC corrects back toward 50K or even 43K . We will see a drop between 0.70 - 0.90
Breakout confirmation for scenario 1 and 2 is around 1.38. Lets hope this will be triggered and see ADA finnaly go up again.
What do you think what will happen ?
Based on the fib retracement of the last ATH i based this chart.
It gives 3 scenario's.
1. Its alt season and the bulls pick up the trend and it will become a moonshot towards the 2$
2. History repeats itself. Ada goes towards 1.60$ where a lot of sell orders will get triggered and the price drops back to the new support of 1.35$. Where it will consilidate just like before to pump again towards 1.70-1.80.
3. BTC corrects back toward 50K or even 43K . We will see a drop between 0.70 - 0.90
Breakout confirmation for scenario 1 and 2 is around 1.38. Lets hope this will be triggered and see ADA finnaly go up again.
What do you think what will happen ?
Note
Still Riding the wavesNote
BTC Testing ~52/53K. ADA holding pretty strongNote
That went better as expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.