Quick plot to observe possible support zones for Cardano. This is part of ongoing analysis of ADA vs BTC as linked below. In general I am quite bullish on this coin versus most Alts.
1600 retest seem very likely soon. 1590 could be a stop hunt below 1600. 1575/55 must hold to continue uptrend.
My ADA journey this year:
Spotted the likely breakout:
Measuring the continuation:
Spotting an intermediate TOP:
Plotting the correction from that top:
הערה
Just hit first possible end of wave 5 and got a decent bounce good sign but we might go a little lower. Am filling limit buys laddered through this area.
.
הערה
So it looks like first support held now if it crosses the next fib line, then we can be confident correction is done
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.