ADA: Near to Mid Term Upward Pressure Continues

Hi Everyone! Yes, it's possible to have a brief pullback here for the short term. It's possible to pullback to $0.38 to $0.36.5 (shake out) before seeing a push up to around $0.43 cents. However, be advised we could continue higher to near $0.50 cents by the time this period of upward pressure has exhausted. Which could be 2 to 4 weeks from now. Yes, it's possible to continue ranging sideways during this period upward pressure. However, I'm anticipating the price action potentially continuing higher to create a second tier (level) in our accumulation schematic. This second tier could potentially be used primarily for accumulation or for liquidation. Don't know yet... First, let's see if we can push up to $0.43 cents; then pause with pullback to $0.40 cents before resuming upward pressure again and pushing up to near $0.50 cents. This will take some time to play out. You'll have to be patient with this one.

Happy Trading and Stay Awesome!

David

Comment:

UPDATE:

3-Day time frame:

PURPLE TEXT BUBBLE:
Increased Odds for Stage-1 Expansion UP the NEXT 3-Day candle; which
begins in approximately 1 hour from this writing. Why? Because the
Red Line is already above Yellow Level 50. The Blue LSMA is about to
go above level 50 the NEXT 3-Day candle.