Wonderful Wonderful trendline still dominating and owning $BAT ... because of it's strength, once this resistance is legitimately broken - it should become and hold as support and create a great foundation for $BAT to climb away from!
This is textbook... gorgeous ascending bullish triangle with defined support and resistance levels.... Inside the pattern the selling pressure continued to be reduced bringing about higher lows and ever slightly higher highs within a defined space. Breakout on volume occurs to the upside as expected followed by a retest of the old resistance as NEW SUPPORT...
So here's a little perspective on what ADA can achieve this cycle.
Take a look at the hourly here for BTC... Lots going on here with the cup & handle breakout continuation ... also in view are those 2015 channel lines. If you haven't seen my previous zoomed out chart of BTC... go take a look at them here in Tradingview so you can see them zoomed out.
Well, the time has come To run for $1 You are looking at one of the MAJOR FUTURE PLAYERS IN THE CRYPTO UNIVERSE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Make money!
DO you need me to comment here??? Picture is worth 1000 words yes????
XRP back above the all important SPILLWAY trendline and forming a nice bullish consolidation pennant. We should be returning to the .70s soon. This climb is MUCH MUCH more sustainable than last weeks nasty and unfortunate pump and dump (which we made a killing off of)
Beautiful support above this channel on descending volume. Nice Nice And there's always the Elon Musk factor. Worth a risk on entry for reward.
on the hourly... nice trend... first target coming. Telcoin was was under the radar back in 2017. They are locked and loaded and have all the regulation approvals needed tucked away. Looking for them to make a huge name for themselves this cycle. This one could literally be a serious MONEY MAKER like LEND (AAVE) was.
Yeah Ummmmmm not much to say. Really you just load this if you have couch cushion cash... then you sit... very patiently... as you get older.... and maybe one day... just maybe She will wake up!
Trendline from Dec 2019 - awesome stairstep consolidation runs so far this cycle... She's gonna do so good this year!!!
Heres ADA on the daily view... channel goes back to Dec 2019. Just wait until she breaks out of this channel. Then we work on $1 next
Lovely Channel since Dec 2019 ... You ain't seen nothing yet. The real move begins once she shatters that upper channel line Then we head to $1
Here's a Daily Chart - you can see the channel she's currently riding as well as the horizontal resistance levels from historical support/resistance areas (supply & demand) That's really what support and resistance areas are: Supply & Demand areas.
Another zoomed out monthly chart - this time for ETH. First target here is $2k but note what happened when ETH traded above this line in 2017. This will happen again this cycle. $2k is just the beginning
Wanted you guys to take a look at how I love history and long lines. Currently the top channel sits at about $55K for bitcoin. I do believe Bitcoin will eventually shatter the upper level as it did in 2017. But even if it didn't... well you can see just how high this channel goes! Its interesting the price levels you can see even when you go way back into a...