Cardano's Elliott Wave Analysis: Predicting ADA's Path to $2.80
You can see Elliott wave counts at two levels in #Cardano.
At the first level (Minor), this cryptocurrency reached a price of approximately $0.80. Then, as part of an Intermediate wave, it corrected itself down to $0.2752 and is now constructing wave 3 in the Intermediate level. According to wave theory rules and Fibonacci tools, how far can the length of wave 3 extend? I have plotted potential levels at three significant points: 1.618, 2.61, and 4.27 times the length of wave 1 (Intermediate). Therefore, in the medium term (approximately 4-6 months), it can be expected that Cardano will reach a price of about $2.80. Note that this cryptocurrency has previously experienced a price of $3.30, so reaching these prices is not out of reach.
This analysis is approximate and should not be the basis for your decision-making, but it is certain that #ADA is in its Intermediate third wave.
At the first level (Minor), this cryptocurrency reached a price of approximately $0.80. Then, as part of an Intermediate wave, it corrected itself down to $0.2752 and is now constructing wave 3 in the Intermediate level. According to wave theory rules and Fibonacci tools, how far can the length of wave 3 extend? I have plotted potential levels at three significant points: 1.618, 2.61, and 4.27 times the length of wave 1 (Intermediate). Therefore, in the medium term (approximately 4-6 months), it can be expected that Cardano will reach a price of about $2.80. Note that this cryptocurrency has previously experienced a price of $3.30, so reaching these prices is not out of reach.
This analysis is approximate and should not be the basis for your decision-making, but it is certain that #ADA is in its Intermediate third wave.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.