ADA.USDT (Y20.P6.E3).MACRO.TOP reached

5 בינו׳ 2021

Hi All,

This is a continuation of the previous chart, link supplied below.

My thoughts:
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- We have 3 potential targets and depending how we descend will determine the target;
- The ABC wave can be moderate or deep;
- If we descend quickly then the target will be a deeper;
- I can't see it retesting the lead in trend line as that was already tested and confirmed.(3)
- line (2) looks to make sense as it was where this run was launched, $0.16 to $0.17 range.
- As we look at btc, in my opinion we will drop 40% to the 23 to 24.5 K range as its currently doing a large H and S structure.
- For now I have the 0.618 fib level and if and how we get there, will help determine with the decision making.


All the Best,

S.SAri


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