roaken

ADA - Out of breakout -> into consolidation

BITTREX:ADABTC   Ada / Bitcoin
DA 0.00% is definately back to the races again. But before it can really go up we'll have to break through this long structure ADA 0.00% has created, cycling back through our colors till we're back to dark red.


This type of bottom color cycling pattern trading is a new theory I have and is in it's testing phase.

RED: The End
last point of change, Most bullish or bearish %

GREEN: The middle
Good line to sell above and buy below.
You think to sell and come in at 4100 sat?
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roaken JonathanJuliao
@JonathanJuliao, BTC is really the market leader in this market and currently needs more time before it can move into a full bull run. That tells me that alts like ADA we'll be kept in this triangle for the next week.
Reply
roaken JonathanJuliao
@JonathanJuliao, But to your question, The chart shows a 4100 being the low. Personally, I don't short but sell in tiers up to projected highs and buy in tiers to projected lows.
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