ADA.USDT (Y20.P4.E2.v3).Looking for the next long

2020年10月22日

Hi All,

Another continuation post, links below.

Main points:
a) upward pressure in the short term. If you havn't bought in, buy after the break of this trend line and its retest.
b) small time frame we have an uptrend
c) at the macro level, this trend line can be support as per chart below
d) Phoeix on the daily has upward pressure
e) Target is based on the harmonic structure which has confluence with the main resistance.


Cheers,
S.SAri


Daily chart


Weekly chart, just by a wisker above the main resistance. Needs to hold

2020年10月22日

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my other chart for a previous post, gives a bullish perspective.

2020年10月22日

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My Macro hypothesis

2020年10月26日

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2 scenarios...from a bullish perspective.
Some downward pressure is there but not to be deep. We can potentially have a bounce here

2020年10月26日

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Go long with the dips on ADA, I'm bullish as we have not really hit the main resistance.
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