RealMcafee

ADABTC: fractal study

RealMcafee Updated   
BITTREX:ADABTC   Cardano / Bitcoin
Comparing ADABTC with fractal taken from Oct 2017.
Here I take the fractal from the 2h chart and superimpose it on the daily chart for better resolution. The fractal is of course enlarged to fit.

The fractal is intended as a guide and not for deriving levels/targets etc.
Comment:
I got some questions about the fractal. It's not meant to show the exact price levels, just direction. I think ADA has strong support just under 2000 for example, so I don't see it going below that now.
Comment:
Pump yesterday coincides with trendline on the converted dollar market


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