ADA/BTC near term targets: Cardano has one more leg up (wave 5)

Updated
This is an update to my ongoing ADA analysis.
Currently looks to be in wave 4 looking to start wave 5 soon.
Given wave 2 was shallow and quick, 4 might be deep and slow.

1500 sats looks quite an achievable goal for Bulls.
1400 sats might be a good buy (if not already in).
Break below 1400 would put wave 5 in doubt.

Previous Analysis looking for the break out
ADA/BTC breakout could be BIG: Cardano 22-58 % minimum expected
(daily chart posted 17 hours ago so will not play another few hours, but we know that it will show)

.
Note
Nice! Hit target exactly and even the exact time. Will probably go HIGHER yet, but risky gains here, could be ready for a signification correction. snapshot
Note
Nice peak snapshot

and then the reaction snapshot still looks strong but a retrace would make for a healthier trend.

.
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

Disclaimer