This ABCD and Three Drive pattern is in a Bullish zone. The time frames between the drives are similar in length and by similar I mean almost identical. Happy Profits.
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This is a strong coin. Cardano ADA has a strong team with big names involved. Check out their WhitePage and how their Proof of Stake lottery system will work. They will also be implementing the "Cardano Debit Card" with which users will be able to convert their ADA into fiat that can be spent anywhere as if it were a normal Debit card. More uses for the coin will increase it's value. These kinds of features are what people who are highly speculative about Cryptocurrencies will be willing to invest in, in the future.
Best,
John O
Best,
John O