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mindfree
Feb 12, 2022 1:07 AM

ADAUSD - Cardano 24 hour chart 5 months 

ADA / DollarBitfinex

Description

ADA is a strange one, there is a lot of talk on both sides. It needs to prove itself. but the chart looks like it is gaining organization which, to me, means algorithm and money.
Comments
ejuttner
You say it's gaining organization. That is not at all obvious from the chart. Pls explain your conclusion.
mindfree
@ejuttner, Yeah, when i see synchronous peaks start to space out very evenly from a hub and cling on to trend lines. Red fan bottom left running upwards and right Especially when it works in several directions at once. Then i feel a direction is confirmed and look for the area of the next peak in the pattern in the short term. This, in my observations, leads to stronger hubs. Where more organizations forms. It can still fall apart with manipulation, usually it does. I do hope as these grow they become more self sustained. I just can not see the actual function of this as a token other than trivial and as a stock value but i do see stocks as tokens. I think the function is the value.
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