ADA to dive in Wave C

BINANCE:ADAETH   Cardano / Ethereum
Looks like an Elliot Wave - C leg.
A good place to retrace- Fibonacci Level 50.
100 EMA also walking on that Fib level.
A Potential Head&Shoulder waiting if can break the Support line.
Compare to the race from 7th March- momentum is now slower and had a rejection on 15th March.
Another reason is too much marketing of Coinbase listing ADA , means Big Boys' game. They need to allure the small fish.
Simply an opinion.
Feel free to comment on my analysis
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