Continuation of previous thread - ADA looks set to break out here.
Pushing up against 200EMA finding higher lows in what is probably a pre-breakout contraction fractal.
Rhythmic contraction of coppock curve reveals impetus of initial impulse upward which rose to 20 and now curls upward on 0 point - indicative of trend continuation.
Guppy EMA tool turning green also shows probable trend continuation.
Not advice.
Pushing up against 200EMA finding higher lows in what is probably a pre-breakout contraction fractal.
Rhythmic contraction of coppock curve reveals impetus of initial impulse upward which rose to 20 and now curls upward on 0 point - indicative of trend continuation.
Guppy EMA tool turning green also shows probable trend continuation.
Not advice.
Note
See previous thread for more detailed TA on finding this breakout.Note
ADABTC daily RSI shows what is about to happen here.Heavy bullish divergence since October now thrusting up 60.
Whenever BTC bounces, ADA will probably punch through resistance and move on up.
Note
Updating on my linked BTC thread in regard to ADA and crypto as a whole.Note
See also recent post "BITCOIN - Alternative Count" for details. Whichever count is correct ADA looks primed to pump on any BTC bounce.Note
Next BTC update in linked ideas. Breakout coming for ADA when BTC bounces.Note
New ADA thread in my ideas page.Note
New ADA thread fully equipped with rocket emoticons.
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Your FA guru can't read a chart💭
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.