Longterm daily chart update for ADA:
ADA is still looking absolutely fantastic for the longterm.
ADA has been above its 1st Longterm Pitchfork Median Line since Feb 2021.
ADA has found strong support from its upper Yellow Pitchfork support line.
ADA is so close to crossing back over its 2nd Major Pitchfork Median Line. Depending on when ADA try’s to cross the 2nd Pitchfork Median Line, we should expect a massive amount of resistance at around $1.68.
There is no fear of ADA ever dropping below its 2nd Pitchfork Hagopian Line anytime in the near future.
ADA is well above its 50EMA.
The Chaikin Money Flow (CMF) is indicating that ADA is in the accumulation zone & that accumulation is increasing with the CMF Line at 0.05 at the moment of typing this. FYI, on the 13th April, CMF was 0.02.
The ADX DI SMA is indicating a strong uptrend with the ADX (Yellow Line) at 40.9 still above its 10 Period SMA (White Line) which is at 32.6. The +DI (Green Line) is at 24.2 still way above its -DI (Red Line) which is at 5.6.
A lot of people will be asking “should i buy ADA now or wait for a dip”? Those same people are the same ones who asked the same Q back in March 2020 when ADA was at $0.017 “should i buy ADA now or wait for a dip”? They are also the same people who asked the same Q again back in November 2020 when ADA was at $0.19 “should i buy ADA now or wait for a dip”? From 27th February 2021, ADA ranged sideways for about 43 days, consolidated & was in a Bollinger Bands Squeeze for about 32 days. The Bollinger Bands Squeeze ended in another upwards breakout. All i can say is, when ADA gets to £10 and beyond, will you be one of those asking.... “Should i buy ADA now or wait for a dip”? or enjoying potential profits.
I hope this is helpful. Good luck 👍🔥🚀🌍🌔🪐🛸👽
ADA is still looking absolutely fantastic for the longterm.
ADA has been above its 1st Longterm Pitchfork Median Line since Feb 2021.
ADA has found strong support from its upper Yellow Pitchfork support line.
ADA is so close to crossing back over its 2nd Major Pitchfork Median Line. Depending on when ADA try’s to cross the 2nd Pitchfork Median Line, we should expect a massive amount of resistance at around $1.68.
There is no fear of ADA ever dropping below its 2nd Pitchfork Hagopian Line anytime in the near future.
ADA is well above its 50EMA.
The Chaikin Money Flow (CMF) is indicating that ADA is in the accumulation zone & that accumulation is increasing with the CMF Line at 0.05 at the moment of typing this. FYI, on the 13th April, CMF was 0.02.
The ADX DI SMA is indicating a strong uptrend with the ADX (Yellow Line) at 40.9 still above its 10 Period SMA (White Line) which is at 32.6. The +DI (Green Line) is at 24.2 still way above its -DI (Red Line) which is at 5.6.
A lot of people will be asking “should i buy ADA now or wait for a dip”? Those same people are the same ones who asked the same Q back in March 2020 when ADA was at $0.017 “should i buy ADA now or wait for a dip”? They are also the same people who asked the same Q again back in November 2020 when ADA was at $0.19 “should i buy ADA now or wait for a dip”? From 27th February 2021, ADA ranged sideways for about 43 days, consolidated & was in a Bollinger Bands Squeeze for about 32 days. The Bollinger Bands Squeeze ended in another upwards breakout. All i can say is, when ADA gets to £10 and beyond, will you be one of those asking.... “Should i buy ADA now or wait for a dip”? or enjoying potential profits.
I hope this is helpful. Good luck 👍🔥🚀🌍🌔🪐🛸👽