Not much to say here.. just making an observation.
Price can still dip to 1.15$-ish and maintain the ascending pennant.
If price holds above 1.20 during downward pressure, I think it will break upwards shortly after.
Price can still dip to 1.15$-ish and maintain the ascending pennant.
If price holds above 1.20 during downward pressure, I think it will break upwards shortly after.
Comment:
I'm waiting for ADA to retest the 1.18 level. I expect BTC will probably retest the 55k-ish area before deciding it has found support which would push ADA down towards 1.18 would be my estimation. So ADA should be able to be purchased again between 1.18 and 1.185..
don't be afraid to miss out on profits. There is plenty to be made. Wait for retest.
don't be afraid to miss out on profits. There is plenty to be made. Wait for retest.
I believe ADA will continue its rise after this dip.. but ada could drop to the 1.155 to 1.180 mark before this. It all depends on where BTC will find support.
(My apologies if you purchased Ada based on my chart and are taking a loss. I should have emphasized the risk more clearly.)