maliatc

FRACTAL ON 30M CHART

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Interesting fractal caught my eye today on 30m chart right before last pump. If we look at the market environment we see wonderful news about crypto world and especially for ADA. Tesla added 1. 5 billion worth of Bitcoin to their balance sheet was a big first step and I expect some silicon valley companies will follow Elon Musk . Goguen upgrade will be set up in March so ADA will be able to run smart contracts. Recent days, we are hearing a lot of news about how ETH tokens' tx fee go up till 17.5$. ETH have serious scalability issues which is expected to resolved by ETH 2. 0 but deadline is far away. ADA can easily fill up this empty space with interoperability and scalability like Charles Hoskinson mentioned on Cardano Whiteboard video when he first time introduce ADA. In conclusion, ADA may see over current ATH then a deep correction.
Comment: As I foresighted ADA reached over previous ATH 1.30 and went up to 1.5 and now in deep correction to 0.80 maybe even 0.70

Comments

Looks nothing alike
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That sounds about right...BTC also heading back up to new ATH as well @ around 52k...I expect at least a 10%-15% correction across the board before FULL BULL mode
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