I am seeing all these long term price prediction charts and thought I would make one myself. If this works out $BTC price will be between $6000 and $35,000 at the end of the year. Hoping for the upper end of the scale. Of course I could be way off and really never know what is going to happen.
During the last several months the monthly low was at or near the end of the month. Will the trend continue or will we make a move up towards the top of the channel? Signs are pointing towards $6K but this is Bitcoin and anything can happen.
It appears that $ADA is ready to break from this pattern. I think it's going to be up but the way the crypto market is it could be a drop down.
Just my amateur opinion but possible cup & handle on $ADAUSDT If we can break the resistance line then there could be a very nice continuation move up.
I have been long term bullish on Cardano but it looks to me that there is further downside ahead. Could it go to all time lows? Where is the support at?
Wondering if the channel of support will hold. This market is so crazy.
Just drawing a basic triangle we can see that the time is closing in on ADA to make up it's mind on which direction it wants to go. I am hoping up because I strongly believe in the project but only time will tell.
Just me messing around with the charts and this looks promising. Could be ready for next leg up. Could be wrong but it's what I see.
Just my opinion but with all the negative sentiment out there BTC could be ready for a move up.
The 9,21 and 50 hour MA all converged with the 100 hr and have turned up. The MACD, Stoch, and RSI have turned positive too. ADA also bounced off 200 hour. This is my first attempt at posting so I wonder if everyone sees the same thing? Should be some resistance around 6300-6400 but if we can get the volume and move through that area we may test the highs again.