Before the end of the year, it will make new highs. However, For now, a buying opportunity will come: around $90-100.
ADA go boom! Rise high, high like big mountain. Look for it between 0.31 and 0.32, special numbers. We see channel, like path made by ancient ones. Lead us straight to big treasure. Fib levels there, ancient signs say so. Trust me, I know the way. I see fire smoke, it show me things. ADA's path clear, like river flow. Dance in channel, tell us up, up it go....
This idea proposes that the ADAUSD pair will experience a retracement up to the 0.317 level, driven by a confluence of Fibonacci levels. The analysis indicates a strong probability of price movement based on two key Fibonacci indicators: the 0.618 retracement level and the 100% fib-extension level of the first wave following a previous market crash. The Fibonacci...
Time for a retrace. This 75 to 55 zone provides good support. When a bullish trend resumes, expect resistance at 700.
I feel like we're gonna consolidate in this big triangle. Which resistance line will be the top of the triangle? Perhaps one of those lines I drew. There's a methodology there, trust me. Within the triangle, I see resistance at $0.40, $0.60, $1.00 (or $1.10) Good luck!
It's sad, because I hold a lot of LUNA, but we're probably going to retrace now.
After retracing to 0.75, resistance will be met above, as shown. I would write the values here, but I can't see them as this Publish Idea window overlay blocks the chart.
Fib-channels might be interesting to look back on.