Hey Everyone, thanks for dropping by to check out how ADA can realistically move to $10 or be starting a path very shortly to sub $1.
Count 1 is that we are in the start of the 5th wave. We have weekly bearish divergence which will likely play out by pushing price down for the subwave 2, at which point we create support and have a massive kickoff to $10 for ADA. The proof will be in the pullback, but what's your bias? drop a comment below letting me know.
Count 2 is that the 5th wave is just about to be finished up. This will result in a large rejection that retraces beyond the previous 4th wave support taking us to sub $1.
The crypto market as a whole right now has a massive decision to make. What is your bias on where the market will head in the next 6 months?
My bias for ADA due to the downside potential the bearish option presents is to protect capital and reassess the wave 2 pullback. This is a great take profit zone with the new high and as price pulls back we would create a better risk to reward ratio for risk management to place our bets on the upside there.
Since we are in price discovery again I have little interest in shorting these prices, however, I have a short bias for a pullback at this price range.
Check out the signature below to get started with some free trainings with the NewWave System.
Count 1 is that we are in the start of the 5th wave. We have weekly bearish divergence which will likely play out by pushing price down for the subwave 2, at which point we create support and have a massive kickoff to $10 for ADA. The proof will be in the pullback, but what's your bias? drop a comment below letting me know.
Count 2 is that the 5th wave is just about to be finished up. This will result in a large rejection that retraces beyond the previous 4th wave support taking us to sub $1.
The crypto market as a whole right now has a massive decision to make. What is your bias on where the market will head in the next 6 months?
My bias for ADA due to the downside potential the bearish option presents is to protect capital and reassess the wave 2 pullback. This is a great take profit zone with the new high and as price pulls back we would create a better risk to reward ratio for risk management to place our bets on the upside there.
Since we are in price discovery again I have little interest in shorting these prices, however, I have a short bias for a pullback at this price range.
Check out the signature below to get started with some free trainings with the NewWave System.
Here's a close up count to follow alongside.