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 ?
Comment:
Still Riding the waves
Comment:
BTC Testing ~52/53K. ADA holding pretty strong
Comment:
That went better as expected.