Cardano / TetherUSืืื ื
ADAUSDT | The best scenario for climbing๐น
Hello traders, Cardano in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
If you have checked the daily analysis of this symbol in our account, you will notice that we are in wave 4 correction.
This wave 4 is formed in a zigzag pattern.
From wave 4, wave a ends as a leading triangle.
Normally, each wave consists of a wave a of a triangle in the shape of five waves.
But according to our study, these waves are three waves and we preferred to do the same counting.
Wave b should not correct more than 0.618% of wave a .
Wave b is formed in the form of a flat and this flat will be a common flat that wave b wave a is finished and now we are inside wave b .
We assume that wave b will have another drop to Fibonacci 0.78 to 0.88 and then climb for wave c to the end of wave a .
If Fibo 0.88 is broken, the flat shape will change.
And if the climb starts from the same range where the price was, it will continue to the purple channel ceiling.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
If you have checked the daily analysis of this symbol in our account, you will notice that we are in wave 4 correction.
This wave 4 is formed in a zigzag pattern.
From wave 4, wave a ends as a leading triangle.
Normally, each wave consists of a wave a of a triangle in the shape of five waves.
But according to our study, these waves are three waves and we preferred to do the same counting.
Wave b should not correct more than 0.618% of wave a .
Wave b is formed in the form of a flat and this flat will be a common flat that wave b wave a is finished and now we are inside wave b .
We assume that wave b will have another drop to Fibonacci 0.78 to 0.88 and then climb for wave c to the end of wave a .
If Fibo 0.88 is broken, the flat shape will change.
And if the climb starts from the same range where the price was, it will continue to the purple channel ceiling.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
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