Can you feel the doom and gloom for ADA - well thats about to change as ADA will be heading north with impulse soon enough.
Looking at the BoneFunkenstein moving fibs tool, price has trended under the lowest fibs for the first time since March '20 crash. It did once dip below this time last year but it was very brief.
This shows that price is very beaten down here and - much more than other alts and BTC.
Guppy 4H trend tool has twice turned bullish blue now and it has popped back above the lowest fibs.
As I said in previous threads; any BTC bounce and ADA will most likely pump.
Not advice.
Looking at the BoneFunkenstein moving fibs tool, price has trended under the lowest fibs for the first time since March '20 crash. It did once dip below this time last year but it was very brief.
This shows that price is very beaten down here and - much more than other alts and BTC.
Guppy 4H trend tool has twice turned bullish blue now and it has popped back above the lowest fibs.
As I said in previous threads; any BTC bounce and ADA will most likely pump.
Not advice.
Note
Up 10% today - breaking above the upper (white) short range fib. Guppy turning bullish (blue) for a second time which is much more significant. This is now most likely not a fakeout from the lows. This is confirmation.
ADA is turning bullish 🚀.
Your FA guru can't read a chartðŸ’
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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Your FA guru can't read a chartðŸ’
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
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.