If everything lines up and the whales let the market do its thing, it's looking real good. BINANCE:ADAUSD
From the last significant area of support (1.02/03ish) to the new one (1.26), and based on the last run's peak, it looks like we might be hitting somewhere passed 1.65 once the weekly uptrend and ATH are cleared. Looking good with all that volume currently being built-up... new support has formed it seems. EDIT (to be fair): a downwards bounce is also possible...
This is a follow up on my previous idea... now that we cleared that downwards trending resistance, the next short term target is the the Fib0,5 / 1.32ish price line resistance which also acted as support previously. Once we clear that, all eyes on the new/old ATH levels; depending on the health of the market later today/tonight, we might see the price testing...
Looks like we're about to hit a fork. If we clear the upper resistance, then this is going to go up and challenge the ATH. If support fails, next stop 1.17 and possibly 1$ area with a soft bounce at around the 1.07/10 area. Now, from a bullish perspective, we just double-bottomed on that bottom support. So if I were to bid on a path direction, I'd say upwards...
Upper support on the 15-min failed to keep up. Most likey going to test 1.07 and then perhaps the 1.04 area just after if 1.07 fails. Then, rocket up BINANCE:ADAUSD
BINANCE:ADAUSD Here's some positive pattern recognition art. This chart is like a loaded Go...gun. I think we're one good announcement away from blasting off through the troposphere. KRAKEN:ADAUSD