EuroMotif

ADA/BTC hit targets now retrace watching: Cardano support zones

EuroMotif Mod Atualizado   
BINANCE:ADABTC   Cardano / Bitcoin
Quick plot to observe possible support zones for Cardano.
This is part of ongoing analysis of ADA vs BTC as linked below.
In general I am quite bullish on this coin versus most Alts.

1600 retest seem very likely soon.
1590 could be a stop hunt below 1600.
1575/55 must hold to continue uptrend.

My ADA journey this year:

Spotted the likely breakout:
Measuring the continuation:
Spotting an intermediate TOP:
Plotting the correction from that top:



Comentário:
Just hit first possible end of wave 5 and got a decent bounce good sign but we might go a little lower. Am filling limit buys laddered through this area.

.
Comentário:
So it looks like first support held now if it crosses the next fib line, then we can be confident correction is done

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.