Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 ADA /USDT - Daily Time-Frame - Heiken Ashi
📌 Elliott Wave - Channels - Fibonacci - Price Aaction
📍Cardano is looking a little bit confusing in my eyes; it has already lost a very major support zone 2.0$ (which I personally did not think might have happened)
📍By the way, ADA is still bullish in 1.55 - 1.66$ price zone levels and may have a reversal from there!
📍 Cardano has already retraced about 50% of its previous wave which can be the 5th wave of the last cycle; it is so potential that it retrace about the 61.8% which can be the 1.55-1.60$ price range.
✍🏼 The 5th wave target is around the 3.64 price zone minimum
✍🏼 We are still the first wave of the 5th wave elliott
✍🏼 What I see from daily to one hour time frame just indicates bearish signs
✍🏼 I the daily time frame I can see a falling wedge triangle that may not be a good news for the price
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE ENTERING ANY SELL AND OR LONG POSITION
GOOD LUCK
NP TRADER
🕊 Wish y'all have a profitable lifestyle 🍀
📌 ADA /USDT - Daily Time-Frame - Heiken Ashi
📌 Elliott Wave - Channels - Fibonacci - Price Aaction
📍Cardano is looking a little bit confusing in my eyes; it has already lost a very major support zone 2.0$ (which I personally did not think might have happened)
📍By the way, ADA is still bullish in 1.55 - 1.66$ price zone levels and may have a reversal from there!
📍 Cardano has already retraced about 50% of its previous wave which can be the 5th wave of the last cycle; it is so potential that it retrace about the 61.8% which can be the 1.55-1.60$ price range.
✍🏼 The 5th wave target is around the 3.64 price zone minimum
✍🏼 We are still the first wave of the 5th wave elliott
✍🏼 What I see from daily to one hour time frame just indicates bearish signs
✍🏼 I the daily time frame I can see a falling wedge triangle that may not be a good news for the price
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE ENTERING ANY SELL AND OR LONG POSITION
GOOD LUCK
NP TRADER
Comment:
FALLING WEDGE MAY HAPPEN AT THIS LEVEL
Trade closed: target reached:
1.5 reached
Comment:
My fib channel is already broken