ADAUSD: Won't Be Long Before Potentially Legging Up Again

Hi Everyone! I'm of the opinion, we may see another push up soon with the upward pressure currently seen in the 12-hour; the Green getting higher than Energy in the 3h and Energy turning back up in the 3h. Energy may be near exhaustion in the Daily and getting ready to turn back up over Level 50 once again. Why? Because it also appears we have quite a bit of upward pressure remaining in the 2-Day time frame for the near term. We may test $2.00 to $2.50 between now and May 15, 2021. Depends on how soon we test $2.00 as to whether we test $2.50 by May 15, 2021. This is my "opinion."

Happy Trading and Stay Awesome!

David

Posted May 4, 2021: "ADAUSDT: $3.62 to $4.65 Potentially by Early to Mid June." Click "PLAY"

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12-hour time frame:

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90-Minute:

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We have a "new" 90-minute (1.5 hr.) candle: