Expecting a pull backBINANCE:ADAPERP .We can see a pullback as we have a breakdown in trendline and the targets are marked in the chart with the sl. No Leverage or >3x lev is reccomended.
#dyor #nfa #pov BINANCE:ADAPERP
Adacrypto
Cardano(ADAUSD) IN IRREGULAR CORRECTION SHORT TO $0.8Macro-level
Looks like we are still in Wave 3 of the 5 wave series for Cardano(ADAUSD)
The Wave 1 was completed in 2018 at $1.3
Wave 2 ran for a very long period till end of 2021
We are now in wave 3 for the bigger wave cycle
Wave 3 is an impulse wave with 5 sub-waves (1-2-3-4-5)
In the bigger Wave 3 we are in sub-wave (2)
Looks like Sub-wave 2 is making an irregular correction (A-B-C)
Micro level
In a complex A-B-C irregular correction the waves are subdivided into 3-3-5
W(A) is a 3 wave ended at $1
W(B) is a 3 wave structure and ended above the start of wave(A) at 1.38% extension of W(A)
Wave(C) is a 5 wave and drastically drops to the end of W(B) or even a little lower to 1.618% of Wave(A)
We are now in the 5 wave series of Wave(C) - its at sub-wave(4)
If we are in the downward cycle with the whole crypto market going down, my guess is this might end at 1.618% at
$0.81 in the next few weeks
Please comment and appreciate your feedback
ADA Long ZoneADA had crucial fundamentals spiking it up high and fast...
It since got shorted back down and has formed strong support around our MA's and Long zones.
Now is a good time to get some long for a move higher...
ADA USDT BUY AND SELL POSITIONThe blue and green range is suitable for buy
Your own risk
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ADA BOOMING!Cardano is exploding ! Dont sell for anything less than $3.34EASY money here guys. 5-10$ coin by end of bull Run. Gonna follow one of these 2 paths up. Fast track or medium trajectory . Either look great to me!
ADA CARDANO reversal , Bearish?ADA CARDANO has been bullish for last 11 days and touched the top 2.19 .
as its overbought we can expect correction for 3 stages :
1- A weak support on1.698
2- strong support on 1.466
3- Super strong support on 1.321
lets see the market movements let ADA back to stage 1 , 2 or 3 ?!
ADA in the long term!I have two scenario for ADA. Scenario 1: straight up or Scenario 2: cup handle and then to the moon. but in both scenario there are hug potential for a big profit. I'm not recommend to buy in panic. This is just how I thinking about this Crypto.
