⚠️ADA In The Mother Of All Cup & Handles⚠️
ADA On the monthly chart has been printing a cup and handle pattern It’s WHOLE Life pretty much & a few Indicators are signaling an incoming decisive breakout that is already on the way.
Pay attention to the white dotted line to the left that runs through the chart, you can see where I labelled :
Monthly Stochastic RSI cross, that was the first time the stochastic RSI crossed on the monthly. If you look below you will notice that the RSI also crossed above the yellow line on this monthly chart effectively leaving the oversold region, crossing up above the yellow line as signified by my arrow. The MACD below also was completing what seemed to be its first cross as well. Now trace the white dotted line back up, after all these crosses occurred ON the monthly chart, the price of ADA gained approximately 9500% & topped out at $3.10
MONTHLY INDICATOR CROSSES ARE VERY POWERFUL! In charting the longer the time frame of an indicator the more POWERFUL its Impact!
Now notice the massive Cup & Handle pattern ADA price Action has printed over the course of 6 years. I’m pretty sure some of you have your opinions on the timeline but listen to this, I say only what the chart tells me and I SEE A CUP AND HANDLE! I’m Pretty sure you do too so pay attention! Look at current timeline in the green boxes I labelled below 👇🏾
The stochastic RSI on the monthly just crossed!
The RSI also just crossed over the yellow line
MACD blue line has converged Into the Orange line so much its Almost kissing the Orange Line which means a cross is obviously imminent, probably by the end of this month. The MACD bars have turned light pink indicative of reduced sell pressure. It’s safe to say the stars are aligning because the last time all these happened on the monthly CARDANO went up 9500%
The Cup & Handle pattern has a target of $14.91 which is about 4069% or a 40X from our current price of 0.3574. I’m not saying this, the CHART IS SAYING IT & I Read It As I Sees It! PERIOD! I am excited for this coming bull market to see where all
these takes us really. Like & BOOKMARK this to see how we do come market top and Share this chart please 🙏🏾 Thank you.
