Will be available on kraken tomorow, so i expect a small pump and no shoulder.
Dawnchorus
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@pol13337, Oh, I thought that was today that Ada and QTUM were added. It looked like the pump from that was what made the right shoulder today.
Dawnchorus
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@pol13337, Looking at it on the 1 hour does kind of make it not look like a head and shoulders.
Djep85
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ike this
Djep85
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Hmm i thought the same thing but....zoom out on the four hour chart you can actually see a long line of bullish divergence starting from august the 9th...so that would indicate a huge bump up.
Dawnchorus
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@Djep85, Yeah, there are bullish signs on the 1 day chart, too, so I can't decide if this head and shoulder is a false signal or not.
Djep85
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@Dawnchorus, Me neither...i'm leaning towards ada going down a bit first because BTC is oversold on the 1hr RSI. So it will drag ada down a bit I THINK. But we'll see
I saw the bullish indicators @ 1 day chart as well...i don't think this was the upmove related to that...it will be much bigger....over a much longer period of time.
Great hodl coin as well
Dawnchorus
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@Djep85, Agree - over a bigger period of time. Just can't decide what the bejeepers is going to happen short term.
Dawnchorus
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@Djep85, and I think that the pump that we just saw in Ada was playing out from the bullish divergence from august on, but I could be wrong. Hard to gauge at this point.