If you haven't put the pieces together that most the altcoin charts start to look the same. Take a second and do that. What this means is that we are going to see history repeat itself across multiple coins AND across multiple growth amounts.
With that said. This week is the week of the pennant. It is manifest across multiple altcoins traded against BTC. What that means is as things heat up, we will need to focus our attention on the higher performing projects.... because all COULD doing relatively well. It is a special kind of torture being happy for a 5% gain while watching other projects ride off into the sunset with double digit gains in under 24 hours.
That is why I'm particularly excited about this ascending triangle on ADA. I felt (and the TA manifest those feelings as well) that ADA has a very "people's choice" type of growth, similar to other top projects like Ripple. I couldn't get people to turn their heads towards
LRC
for the life of me, but Cardano (ADA) is a project people love to throw their money at... meaning that IF it goes well... we could be seeing similar gains that has demonstrated today.
ADA
Once again, I see this potentially playing out like XVG with an obnoxiously repulsive RSI that counters all desire to enter. If you have any insights regarding the RSI explosion in both circumstances and how to make sense of it, i'd love to hear!
With that said. This week is the week of the pennant. It is manifest across multiple altcoins traded against BTC. What that means is as things heat up, we will need to focus our attention on the higher performing projects.... because all COULD doing relatively well. It is a special kind of torture being happy for a 5% gain while watching other projects ride off into the sunset with double digit gains in under 24 hours.
That is why I'm particularly excited about this ascending triangle on ADA. I felt (and the TA manifest those feelings as well) that ADA has a very "people's choice" type of growth, similar to other top projects like Ripple. I couldn't get people to turn their heads towards
LRC
for the life of me, but Cardano (ADA) is a project people love to throw their money at... meaning that IF it goes well... we could be seeing similar gains that has demonstrated today.
ADA
Once again, I see this potentially playing out like XVG with an obnoxiously repulsive RSI that counters all desire to enter. If you have any insights regarding the RSI explosion in both circumstances and how to make sense of it, i'd love to hear!