SIMPLE PROJECTION
Taking a look back from 2018 we can see a down fall trend (red). We can see the ADA exiting the accumulation zone and extended towards the upside path of the parabola.
Looking at the very begging we can see decrease in price over the time. We can see that the parabola support was touched around few times.
The accumulation zone started After 2018 bear market and start 2019 summer bull market. (grey box)
We can see the pattern already starting to form. If this flipped pattern does come to play, we can expect to see a retest of parabolic support and a pump from there.
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||||||
VVVVVVV
Taking a look back from 2018 we can see a down fall trend (red). We can see the ADA exiting the accumulation zone and extended towards the upside path of the parabola.
Looking at the very begging we can see decrease in price over the time. We can see that the parabola support was touched around few times.
The accumulation zone started After 2018 bear market and start 2019 summer bull market. (grey box)
We can see the pattern already starting to form. If this flipped pattern does come to play, we can expect to see a retest of parabolic support and a pump from there.
Please support me by liking, sharing and following this idea!
Get full trade and access to BitMex trading bot
||||||
VVVVVVV
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Check this prime example out. Comparison to BNB
