ADA back to reality. Price targets of 7 to 5 cents.
I mainly only analyze charts. I no longer waste time reading whitepapers, news, updates, announcements etc as I believe all the important things are already imprinted on the charts before it hits the news.
Anyways back to the ADA elliott wave count, I am currently tracking corrective wave B in a bearish a-b-c-d-e triangle, where we're currently at the last sub-wave e. A breakout below the gray zone will most likely signal us the completion of the e wave and start of the C to take profit levels of 7 to 5 cents range.
Shorting the triangle breakout, and consequently longing or buying spot ADA at the TP levels will also prove to be great trading/investment moves for the years to come.
Thank you for reading my post and make sure to follow me as I post elliott wave analyses on crypto, fx, commodites and stocks frequently.
Anyways back to the ADA elliott wave count, I am currently tracking corrective wave B in a bearish a-b-c-d-e triangle, where we're currently at the last sub-wave e. A breakout below the gray zone will most likely signal us the completion of the e wave and start of the C to take profit levels of 7 to 5 cents range.
Shorting the triangle breakout, and consequently longing or buying spot ADA at the TP levels will also prove to be great trading/investment moves for the years to come.
Thank you for reading my post and make sure to follow me as I post elliott wave analyses on crypto, fx, commodites and stocks frequently.