ADAUSDTPERP PERPETUAL MIX CONTRACT
Satış
Güncellendi

ADAUSDT Short Idea / Elliot Wave Principles / Fib Analysis

997
When analysing the market, I noticed this potential Elliot Wave setup on ADAUSDT. For a number of reasons, I suspect that this pairing is forming a good opportunity to achieve a ~5.5 R:R short.

The process taken to get to this idea is as follows:

[Weekly] Macro view of the support / resistance flip zone on ADA between $1.20 and $1.30.
anlık görüntü

[4H] Clean chart showing the interaction with the support / resistance zone.
anlık görüntü

[1H] Validation of Wave 1 Rules
anlık görüntü

[1H] Validation of Wave 1/2/3 Rules
anlık görüntü

[1H] Validation of Wave 4 Rules
anlık görüntü

[1H] Validation of Wave 5 Rules
anlık görüntü


Correction Wave and Short Area of Interest
anlık görüntü

İşlem aktif
Trading is active, price has bounced off the top of the 0.382 Fib level on the A Wave Correction fib and is currently re-testing this level. It this level fails to hold, we will see price drop again to the $1 level and then potentially onward to our target.
anlık görüntü

On the macro outlook, BTC is currently pushing towards another ATH re-test. It is currently forming a rising wedge pattern on the lower timeframes, with this price action occurring over the weekend with lower volumes. A Monday bearish correction could be on the cards for BTC, which will assist our trade on ADA.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.