Why didn't the price go further up? Well, because as you can see, it looks like it's becoming a bull pattern, ascending triangle. Which has a high probability of breaking out bullish! Big chance it's heading to test the support. Hopefully finding support. You should know how it works by now. Use regular candles, wait for candles to close significantly above or below resistance or support for break out confirmations. Well I have been DCA this coin for quite some time now. Apparently not concerned by these kind of corrections.
See chart for possible targets.
Good luck, be careful and may the trend gods be with you!
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Well, we're pretty much on schedule. I reckon we can confirm adausd has found support at expected support levels.
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So far so good. Looks like the ascending triangle that we've analyzed a month ago, is finally breaking out bullish.
Nice quote thanks for infomation and im sure this is true in time.Yes time because during this time Theta has gone from $3.80-$8.90 T.fuel has trippled just to name a couple.Avax has not even been listed and has consolidated and retraced before Cardano can even blink.Whats with Pdot and uni swap are also making bigger gains now!!V.chain!! and more!!v been sitting on this for 2weeks at $1 but i tell you know if i missed the paid hype i would be so much better off.
Please be more specific with times.
bonic
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@pluckyHunter3666, My advice, stop overthinking it. Focus on one thing at a time. Being specific with times is practically impossible. Only estimations, nobody has a crystal ball my friend... Appreciate the comment though!
lizardking007
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great analysis. saw this yesterday and while I do my own DD, it made me feel stronger about it. tnx for the good work!
bonic
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@mike-tradingview, appreciate the kind words! Grateful to be of any assistance.
selim2
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Thanks for the analyses. Which version of Cipher B on trading view you are using ? I haven't found yours...
bonic
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@selim2, Thanks for the comment. Haha funny, people are actually comparing my indicators and quite an honor to compare it with Cipher B from Market Cipher. Anyway, you can find it as EMI 2 on the public library. There are different versions. I would recommend the latest version.