ADA for the month

2018年9月22日

As you can see the resistances and support over the month of September.
We have hit the overall merging wedge upper resistance and horizontal resistance.
We also have rejection at these resistances and have on the 4 hrly chart higher lows which will indicate the easier path is downwards.
Its anyones guess what will take place next because XRP has driven this bull run so we need to wait for more data so now is not a time to buy in.
I'm guessing that a squeeze may occur as the last candle was green.

If we are lucky we will have another attempt at the upper resistance but the 0.09 peak has passed us away.

2018年9月22日

註釋

Note the RSI chart and how it coincides with peaks and selloffs.

2018年9月22日

註釋

Added another bottom support line on this close up

2018年9月23日

註釋

Ada has broken the 0.091 major resistance and will head to 0.094 resistance. Looking at the charts now, it was rejected which is no surprise at 0.0939. and the pushback was minimal so I would say it will break it and go for the next resistance.

2018年9月23日

註釋

Correction, next resistance is 0.0955. After that I dear say 0.0105 as the major https://resistancehttps://www.tradingview.com/x/L1jtlCgv/

2018年9月23日

註釋

2018年9月23日

註釋

Noticed its a cup and handle shape, hence the hight should go to 0.098 before pullback for cup and handle rule

2018年9月24日

註釋

note: Changed the format Cup and Handle failed to reach the expected hight.
FYI added more detail for going long and short with https://ADAhttps://www.tradingview.com/x/moddEyVN/

2018年9月24日

註釋

2018年9月24日

註釋

max for ADA in this run is 0.97 or below (my guess 0.95 to 0.96)
Weekly chart

2018年9月24日

註釋

Update due to BTC drop. MA20 acting resistance plus double top formation or potentially HS.

2018年9月24日

註釋

it is time to be patient while within this current range.