andy9813

Cardano pattern recognition

BITTREX:ADAUSDT   Cardano / Tether
This bar pattern I overlayed now seems the most obvious with March 2021 to December 2021 candles lining up very similar to December 2018 through September 2019. If this were to play out, ADA could see a drop nearing $0.50 around June. Although perhaps that was a Covid anomaly that won't repeat itself in the same way... What's also interesting is that the apex of the triangle ADA has been bouncing in, formed by the two bottom prices, is exactly $150 in December 2023. Maybe that value might have significance for the next bull cycle. From this chart, it would appear ADA could reach $10 as early as April 2022 and perhaps going above that in May 2022.
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