ADA has been a pretty good earner. I started my long position when ADA was at 0.00000750 BTC. Totday, we have 285% return on investment.
There is a new wedge forming. However, this is on the 4 hour chart so there could be more volatility as ADA tries to find its local low.
There is a new wedge forming. However, this is on the 4 hour chart so there could be more volatility as ADA tries to find its local low.
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movement within new wedge.
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It happened a little later than what was graphed on the 4hr chart. But, the breakout was a good one. We are now looking at a 570% increase since my long position was opened.
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had a short period of consolidation before a breakout.
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It appears that ADA is going to be looking for support. It has had a pretty explosive breakout. This chart is showing the current diverging channel it is in and the support that lies below.
Support 1 @ 3900
Support 2 @ 3300
Support 3 @ 1500
Support 1 @ 3900
Support 2 @ 3300
Support 3 @ 1500
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testing new channel.
Oh well, looks like a bullish falling wedge is forming. Could see it converge on the yellow or the blue line before a breakout. Volume is low so we could see these levels fail to build enough momentum for an outbreak.