Dec 29, looks like an interesting day for ADA, but Feb -- bull?

What is there to say - really.
Chart tells the story, but volume tells the truth.

Wait for a spike to confirm that bears are giving up.
But if you believe in the project.... well, you may as well start accumulate into weakness.

Or you can wait for the price to be above the resistance line.

Either way, something is about to happen.

One thing is for sure, ADA is getting way oversold.

Good luck everyone ;)

**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!

Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!

Thank you,
Ajion

PS: Previous analysis and the conversation was on point. Accumulation at 14% was premature, but like i said, be cautious as we could still drop to 750. Also, i had an incorrect FIB placement and few other things.

Comment:

So nothing that interesting on 29.. well i guess based on price:accumulation is happening with a SL below 1000. IF we rally, than DEC 29 is the time to buy before we create a 2-3 wave, as 1-2 is looking to be finished here.

My bet is entry here is solid for those that like ADA, with relatively tight stop. Huge volume on dec 21.

I still say we are bullish, as long as we are above 1k