ADA/USD 10% gain 4hr gaining momentum, and hammer candle which indicates soon bullish move to the upside, volume green bar is indicating move to the upside. 3 indicators that shows upside move.
on 1hr we start seeing MACD indicator trying to climb to over X asis which indicates bullish move.
we have strong support range at 0.09260 which been tested 3 times.
on 1d chart basis we are almost at 0.618 range , which holded as well 5 times.
Eliot wave count if we finished c wave we gonna see 5 waves up now, or looking at bigger picture just C wave going up as our correction in the long term.
Bearish side!!!
Very important have a look on BTC reached Top and showing signs of bearish divergence, If BTC will drop whole market will follow.
Share your thoughts as well
Targets:
ENTRY 0.09260
Take profit 0.10145 half of account
Take profit 0.010830
STOP LOSS 0.08871
RISK TO REWARD RATIO 2:26
