DatsmyBestfriend

Ada rounded accumulation may be coming to completion

BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
If previous resistance(purple) that turned into support holds, Cardano will establish a lower low which may be the first sign that we are entering the next parabolic bull cycle. Of course this is purely speculative and it heavily depends on the performance of bitcoin over its next cycle. Lets see what happens.

Comments

So far it looks like it is continuing as you have anticipated 👍
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Are u saying ADA will drop first before entering bull run?
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@TommyAuh, higher low*
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TommyAuh DatsmyBestfriend
@DatsmyBestfriend, thanks and nice graph produced
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@TommyAuh, no problem!thanks
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