I placed a FIB Channel on this 4-Day TF Chart to get an "estimate" for a year end price target range of $0.122 as the low end of the range and $0.162 at the higher end of the range. I'll post chart(s) -AND/OR- video publication later with discussion on the indicators in multiple time frames. Links to "Related Ideas" posted below. Click "play" on the first link in "Related Ideas."
Comment:
2-Day TF:
Comment:
Phoenix TSI Long Cycle in the 12h TF is turning green. If it remains Green and turns up strong, this could indicate a sustained bull trend till year end before another major consolidation event begins.
Comment:
I'm going to make a cup of coffee before doing a video publication for ADAUSD.
ADAUSDT - 2-Day TF:
“BITCOIN - Price Action & Trading Strategy With Alts & Bitcoin.” -
ADAUSDT - 2-Day TF:
“BITCOIN - Price Action & Trading Strategy With Alts & Bitcoin.” -
Also note the Phoenix TSI Short Cycle indicator on the chart with the candles looking like it wants to make a curve to the upside to potentially provide support for this analysis.