I month ago I posted about the bullish reversal, and I want to say it is confirmed, a recent high of 1.56 confirms the bullish reversal. The low of 0.69 is a long distant memory. nearly 50% up.
Could this be the end of the red screens? well possibly. I see a possible Fibonacci retracement, if this is in fact a retracement, set your price predictions to 1.7 in the short term. This also could just be simple manipulation to get more people into the market. Hope this helped!
The current ADA state is somewhat random and confusing, but here are some possibilities. Either we could be seeing a double bottom as shown in purple. I also drew a blue line to show the previous downward pattern and how and when it broke out. Could experience a similar situation with this current line, as shown in white.
The recent accumulation of MATIC shows that lows are not falling, yet highs are still up and we could be approaching a Fibonacci. Either a break-up or a break-down. Breaking up could put MATIC into the possible 1.5 area. a break-down would show a fall to.9.