Ajion

Macro Bull Analysis: Can ADA hit $3.50? March 7 fractal! TODAY

Long
BINANCE:ADAUSD   Cardano
So it looks like we are getting an ultra bullish double channel formation.
Looks like it is make it or break it moment for ADA, and we all can assume based on the massive rally ADA just had - this is only the beginning - right?

So the question is then, what kind of channel are we forming into the future?

Side action or move upward action?
I think in simple terms, i believe as long as this current bull trend momentum carries than ADA is on its way to hit $3, definitely should hit $2, but again, watch for the trend line, as it will give you the clue if this is a short term or a long term correction.

Please look at the chart for more of my concerns and reasons as to why i think ADA is currently still under pressure. And the new ADA upgrade WILL be sold into! Because the gains will be too good to pass up, and look a 60% drop! is possible in ada if we FOMO into 3.50, so be very careful, and don't hesitate to secure profits!

If we don;t rally into the $2, and we correct here and now, then we are going to be in range trade before breakout. This will be a difficult time for ADA new holders.

I believe, if you are late to the party and want to speculate - you can , but make sure you secure your gains, as holding for you may not be as profitable as for others that bought under a $1.

Reason for worry, similarity in the 1-5 pattern with correction possible. So we need BTC to push higher, and that might actually draw capital out of ADA.

Good chart, glad a lot of my fellow crypto brothers and sisters have made a good gains! Now make a world a better a place don't buy lambos!

__REVIEW__
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Not a perfect chart TA, but it was back from Dec, 2018!! lol Yeah guys i have been doing this crap for a while lol.
I believe this is the time where i have discovered fracals junctures and was still figuring out how to apply them. So fractals are not perfect. Trend lines were on point if you day traded ADA, Breakout occurred as the trendlines broke in the bear.

The rally did not occur the way we expected, sad, but it go up which does fit our bullish sentiment, unfortunately 2019 was not the best of years for crypto. But those that took profits - bro.

I was not vested in ADA, as this was usual ADA request!

__FRACTAL_DATES__
March: 7 < today lol, April 10,27, July 18, Sep 10, 26, October 15, November 19, December 17, May 22,2022

PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!

**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~

/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!

Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion

Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.

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