ADA (Cardano): Ready for the Breakout? An Elliott Wave Analysis.
The price has broken above the $0.40 resistance level. Wave (3) should reach $0.4174+ to count as viable third wave. We need to see a 5-wave move that reaches $0.4279+ to have a first confirmation that a low has formed in wave 2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.