EuroMotif

ADA/BTC may have bottomed, ready for Breakout: Cardano 27% gain?

BINANCE:ADABTC   Cardano / Bitcoin
ADA has been clobbered vs BTC like almost all Alts.
Fibs indicate possible bottoming process completed.
It currently at a key resistance zone worth watching.

There are several Fibs in play, all from the drop .
The various time frame charts allow closer views.
Clusters are most important landmarks to obverse.

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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

BTC to 14k call
BTC bottom 3.1k (caught the EXACT bottom)
LINK re-entry (caught the spike)
LTC to $150 call (near perfect plot)
MATIC top Warning (caught the EXACT top)
NEO Rocket Launch (great entry, massive profits)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Comment: Breakout looks to be underway that exact bounce (green arrow) off the blue 3.618 looks very good thus far.

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Related Ideas

Comments

@Frixion, Nice view!
Lets hope the wedge breakout launches it!
Reply
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