ADAUSD Correction DONE New uptrend for KRAKEN: ADAUSD By Imnotgoodatall
I had suspected that the ADA fix was coming to an end.
BTC confirmed it and will push to its next target producing a new ATH .
There will of course be retracements along the way.
I said the market will bethe week to come and everything is going perfectly.
I have shown the price movements on the chart.
We have new support of 2.08.
ADA price will be a little behind compared to BTC but will always be .
We had a 50MA test, I said the price will be back.
Once we get past 50MA for good, ADA will push up.
I will update every Cardano Soon the topicality of the Summit. I talked about it a bit during my graphics updates. A LOT to look forward to. 5-10 years Cardano will be huge.
I realized that ADA was probably out of fix but I didn’t see a confirmation of BTC . This is because I missed the second lowest I saw today after going back and going through all the periods. The correction is officially complete. BTC will push to his next target which is new ATH , and it will go way beyond in the months to come. ADA will follow this trend, but the the momentum will lag behind BTC a bit like always. We have new support at 2.08 and I have marked the price movements on the chart. We had a 50MA test that I was expecting. As I said before, it means the price will come back to 50MA and when it does it will create pressure up. It might create a short squeeze on the road as we get closer to the exhale. I already said that we will be the week ahead and everything seems to fall into place. There will be retracements along the way, but we’re back in a . The 1D looks great like i said before and i expect a cross in a few days. This new summit outcome was more than I could ask for and I plan to test their protocols very soon. Like I said before, I would like to develop on their platforms, it’s just a bit early at the moment and there aren’t too many tools available. Overall, everything I’ve heard has confirmed to me that in the next 5-10 years gimbal will be HUGE and likely used by big banks due to their scalability. This was confirmed by European tokenization companies at the summit. I didn’t mention the deflation that will likely occur in the future, further raising the price of ADA. I’ll be posting an entire article summarizing the news from the ADA Summit, so stay tuned, there’s a lot to cover. Either way, I’ll keep an eye on ADA and keep you posted accordingly! Enjoy!
I’m going to make a video soon to teach everyone about my approach to mapping. I will cover the entire workflow process that I go through. I hope you like it.
Tell me what you think
It is not financial advice. DYODD.
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