See if the price can hold above 0.8289-0.8836
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(ADAUSDT 1D chart)
From a trend perspective, the key is whether the price can hold by breaking above the first and second trend lines.
If the upward movement fails, we should check for support around 0.8289-0.8836.
Therefore, we should check whether the price remains above 0.8289-0.8836 after August 31st, which is ADA's volatile period.
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(1W chart)
To continue the cascading upward trend, the price must rise above 1.1936-1.3678 and remain there.
If it surges, it could rise to around 2.1150.
Since the volatile period on the 1W chart occurred around the week of November 10th, a downtrend is likely thereafter.
This is because a major bear market is expected to begin in 2026.
Therefore, if the HA-High indicator falls below 0.8836, you should stop trading and assess the situation.
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Thank you for reading to the end.
I wish you successful trading.
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- Here's an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain more in detail when the bear market begins.
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