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ADA/USD – Ready to fly?

ADA (Cardano) has stabilised above the fibonacci golden pocket zone (between 50-61.8% retracement. Technically the pair is holding support, which also lies around the significant $2.000 mark. We anticipate upside out of this zone into fibo extension around $3.600. ADA is set to release smart contracts late Q4 – early Q1 2022.

ETH/EUR Retesting broken prices or fake out?

Ethereum has pushed into fresh highs, breaking out of the wedge pattern. Price has now pulled back. Is this just a retest of previous structure, or a more sinister fakeout of resistance? If price holds this support we anticipate ETH will continue printing new highs.

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City-dweller, noodle lover, camera collector and fan of everything with a lens. I’m always trying out new gear. Edison is my outlet to share my new discoveries with the world.

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