Several combined patterns that show the highly probable end of the bear cycle for ADA.
You can take a look at my previous published idea for ADA for a bigger scope (linked below)
MAGENTA CHANNEL This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Do you still believe this pattern as he usdt dominance will soon find his way up ?
heroselohim
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@elaine_lublink, ADA maintained an uptrend even in negative market conditions, but I don't know if this chart would be valid in a long-term bearish scenario.