Hovering at a resistance line, we'll have to wait to see if ADA will reach up to finish it's 1.618 fib extension to hit the stronger resistance above it. With volume dying off, but still posting larger green candles than red candles I'd wager it'll hit it for a solid ~9.5% return if you're getting in right now. If you're going to try this one, make sure your SLs...
ADA has been pumping strong over the past couple of weeks, using the 8MA as a support 4-5 times already. Already over the 1:1 fib extension, there's a good chance it will continue on to the 1.618 extension which happens to be hovering under a strong resistance line. Wouldn't be surprised if it blew off some steam in the next couple of days before finishing the...
I'm expecting DASH to break out and head to 0.026sats before taking a break.
Bullish cross on the weekly
Fib extensions lining up
Looks like Wyckoff's patter, phase D to me.
Bullish divergence (Higher lows in RSI, lower lows in price) showing
Ended on a red 9 a few bars ago and setting up consecutive green candles in lower time frames.
Bottoming out at a support it's touched twice and used as resistance once.
Hovering around 0.618 Fib,
Targets set at resistances.
T1 0.02566 - 0.02615
T2 0.0269 - 0.0275
T3 0.031 - 0.35
SL set at...
Nano playing in between Daily 20 MA and 50 MA. More resistances ahead as it breaks slower MA's, but at the same time a lot of room to go up past those averages. Labeled a couple of the stronger looking ones.
Just a theory. Looks like BAT is preparing for a breakout. Waiting to see if it will pull back again before taking off, but keeping an eye on this one.
