This analysis is by no means a guide to just ape in and hold without checking the charts every hour or so.
I would not be surprised if ADA decided to find some refuge ~10% lower than the publish time.
This is the daily chart on ADAUSD, showing some indecision dojis but ideally I'd like to re-enter around 2.6 to 2.65, or rotate some of my ETH into ADA.
Many lines were done to track steady uptrend on 1-hr candles from $1800.
As the trend neared last Supertrend (22,3) sell signal on the daily, 3-daily,
and weekly charts ETH has been stuck in an ascending range, painting a
At the publish time, the price action refused to bottom lower to previous
double bottom which is bullish in my opinion, while the...
Breakout got slowed by volumes being gradually bought up on TRX/BTC, pulled back slightly by ~5% only to be followed by alt-season sentiment. Ascending triangle building up to 1hr timeframe, and bullish flag on 4hr. Long term up trend up to ~0.35 foreseeable! Alt season has only just started and the height is yet to be seen.
Possible climax after Coinbase listing...