Wellemann

Wellemann

We’re probably forming wave 4, leg c(or y) to 60k. Would be a nice start for a much bigger base at around 60k for the continued bullrun

Wellemann

…of the first wave of the Multi year Bullmarket of Gold

Wellemann

ADA is retesting the monthly breakout level quite heavily.

Wellemann

That would give us a strongly sustaining $ and falling btc/stocks imo

Wellemann

The weekly close from January is 32320. it should hold the 50 week sma. Or we visit the 100 or 200

Wellemann

I expect a impulsive decline to the 500 area, which is the monthly closing level.

Wellemann

Correction

Wellemann

…..Down.

Wellemann

…..ABC correction

Wellemann

I see a finished A in 5 waves. That could be followed by a 3 wave correction B to fall in 5 waves to the bottom low C

Wellemann

Exactly 61.8 % retracted

Wellemann

….of the 61.8 Area I’d consider Pretty bull

Wellemann

Critical breakout level for ada

Wellemann

1105 for confirmation of a healthy uptrend

Wellemann

…..and most probably a higher low. So, What’s the problem ?

Wellemann

…..or 43 will come first

Wellemann

As a c-wave.

Wellemann

Declining by 90% after a major push.