Looks like Cardano ADA/USD price is moving inside a falling wedge. Next levels to look up to are fibonacci retracements 0.618 and 0.786. The 0.786 level matches the S1 of the week as well). Watch out for the rebound at this levels, it wouldn't be a surprise.
With all of that taken into account we could very well be in the second wave of an Elliot cycle. The third wave can give us great profit.
Cheers!
(All of that could happen of course as long as BTC is stable enough to give ADA permission to do that)
With all of that taken into account we could very well be in the second wave of an Elliot cycle. The third wave can give us great profit.
Cheers!
(All of that could happen of course as long as BTC is stable enough to give ADA permission to do that)
