Technical analysis by Quartz- about Symbol ADA: Buy recommendation (1/27/2025)

Beginning a new trade. I had the order sitting and waiting. I was sleeping when it took hodl.Cleaned up the chart from the previous trade.I am expecting another bearish pennant to form.I am hopium that it goes 1-2-3-4-5 format.I am hopium that PA continues upwards and cancels out the possibility of a bearish pennant.I am hopium that PA breaks resistance levels and finds footing on support levels.I did draw out a possible bearish looking pennant, however I will post later screen pictures of the formation of channeling or pennants, etc. as those will eventually materialize visually. PA can/could/might continue lower. I will post the visual now, as the risk factor. o.81 - o.76 - o.69 are those levels where PA could go.its on a 9-hour chart to condense the informationThe Blue Fib is from last previous historic action for support and resistance levels.The idea to watch the 1-2-3-4-5, this is boiler plate distances between the numbers. We want this Elliot Impulse Wave ascending formation, NOT the bearish pennant formation. Something else to watch the PA going in a favorable direction.