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WHERE WE ARE
At 2.47, ADA made the top last May, which could be thought of as 3.
Drawing the parallel channel(0.3885 - 2.47), we can see at which points the price reacted.
And we've expected since last July that ADA would break 2.47 and make the all-time hight
The middle trend line(red dots) worked well, yesterday.
The price might be forming 9 waves in a daily chart since 1.0202.
Thus it can be thought that we are on the strong 3rd wave in the weekly chart.
We'd face the crash after 9 waves are formed in the daily chart, which tells us that we should look at the daily chart to recognize the last wave.
*As long as 1.0202 is unbroken, this idea is valid.
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐
At 2.47, ADA made the top last May, which could be thought of as 3.
Drawing the parallel channel(0.3885 - 2.47), we can see at which points the price reacted.
And we've expected since last July that ADA would break 2.47 and make the all-time hight
The middle trend line(red dots) worked well, yesterday.
The price might be forming 9 waves in a daily chart since 1.0202.
Thus it can be thought that we are on the strong 3rd wave in the weekly chart.
We'd face the crash after 9 waves are formed in the daily chart, which tells us that we should look at the daily chart to recognize the last wave.
*As long as 1.0202 is unbroken, this idea is valid.
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐