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ADA.BTC (Y20.P3.E4).Bullish structure taking place

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Hi All,

Some thoughts around ADA in the short term. All Bullish.

If we look at the ADA.USDT chart, we can observe below why it made a break out.
Note the following:
> fib level and how the EMA ribbon has confluence for the 8 HRLY and the candle sticks.
> the next level is a strong resistance with a no. of rejections at this level. But eventually it will break.
> So if it doesn't break now, it will in my opinion form a bullish micro formation just underneath for there is too many things going on for ADA, in the news.
syot kilat
:::::::::::::::::: Observations :::::::::::::::::::

> Breakout was caused by a bottom W formation under the resistance as per chart below, for ADA.USDT. Soon to test the next resistance.
> All 3 indicators on the 8 HRLY, show bullish reversal, WT signals crossed over, waiting on the MACD.
syot kilat
syot kilat
:::::::::::::::::: My thoughts ::::::::::::::::::
> I have drawn the channel lines and potentially 2 scenarios. We cannot ignore this bullish candle.
syot kilat
Macro level targets based on inverted BARR strategy
syot kilat

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
ADA weekly chart > Conclusion, more room to go higher
Note indicators and MS\MR (monthly support and resistance levels) levels
syot kilat


Enjoy,

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Nota
update on charts
ADA.USDT
syot kilat
ADA.BTC
syot kilat
Nota
can it hold here while BTC keeps going up...I think not
syot kilat
Nota
that was the bottom, to buy in, without waiting for 4 hrs.
syot kilat
Dagangan ditutup: hentian tercapai
syot kilat
Nota
Trend still intacked and I expect some consolidation here before it decides to go up or down.
Looking at the Phoeix, the next day will let us know if its downward or sideways pressure. The 3D and above is still strong upward pressure.
syot kilat


X.Chart.
Nota
ADA.BTC could very well mean a reversal and likely a hint that the ALT season is an end and BTC is going to make new highs, beyond what we have.
syot kilat

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