Technical analysis by GoneLiminal about Symbol ADA: Buy recommendation (3 hour ago)

On the W timeframe I see a move to $1.60 with a correction to $1.30 before continuation to test ATH @ $3.09. I expect the move to $1.60 and correction to $1.30 to be a short term, fast correction. This is based on the Fib reaching 1.618 from the previous high of $1.20 low of $0.54 and the inverse H&S pattern(pink) I expect this as the market does not usually move massively without cooling off for brief periods. I propose ADA will ultimately reach for $12.00 confluent with the multi year resistance in March (red line) as long as the market continues to trend and Alt Szn hits. this will remain my thesis until proven otherwise. Congrats to all that did not succumb to FEAR and FUD and are still printing. num num crayons.