ADA/BTC approaching critical supports: Cardano uptrend at risk ?
Diupdate
ADA has been dropping with little bouncing.
But it has been following the red Fib series.
It is now approaching some critical supports.
Breakout and exact top was plotted in previous analysis
Admittedly since above breakout call I have been trying to find supports.
Now we are near the last stand, with just a couple supports that must hold.
But it has been following the red Fib series.
It is now approaching some critical supports.
Breakout and exact top was plotted in previous analysis
Admittedly since above breakout call I have been trying to find supports.
Now we are near the last stand, with just a couple supports that must hold.
Catatan
Decent bounce at the ''Likely" support .
Catatan
Always respect a 2.618 if the proper impulse was identified .
Catatan
Breach of the 2.618, a good start. .
Catatan
The bounce is still struggling to gain momentum it seems Taking a closer look, it seems we had a 5 wave impulse up, and are in ABC correction.
That combination of 12345 and ABC could sell be the (1) and (2) of a larger order like this
.
Catatan
So I guess the Green ABC is best bet, lets see if it terminates as plotted .
Catatan
So much for above moon plans :( BTC still going gang busters and massacring Alts. But we are about to hit the crucial line for ADA .
Catatan
Finally, a bounce as BTC calms down. .
Catatan
Hit our "Bulls Last Stand" zone again, here a zoom .
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