as much as the TA is there to suggest this is near a bottom my actual indicator for ada always comes from a form of social media when im told 'ada is junk' or 'ada is dead', each time i do it off that its 100% profits on low leverage... and thats fresh in ;)
so back to the TA; ABC down done, last 5 waves of C played to 1.62 of A.
bullish divergence on the daily chart, yes possibly a delay in showing but it is holding this zone nicely.
confirmation would be to wait for ema10 cross with macd curl up and long the retest, or if you a knife catcher then now isnt so bad with SL below last wick.
so back to the TA; ABC down done, last 5 waves of C played to 1.62 of A.
bullish divergence on the daily chart, yes possibly a delay in showing but it is holding this zone nicely.
confirmation would be to wait for ema10 cross with macd curl up and long the retest, or if you a knife catcher then now isnt so bad with SL below last wick.