If we accept 70% to be the total
retracement of sub-wave 2 (blue)
we should now be on sub-wave 3 of
leg 3 which is a promising outlook.
ADA is battling to break out above
the trend line of the down channel but
does have the EMA 50 (orange) as
a lower support.
I dont believe we will have to wait too long
for the break out but of course it is a lot
dependent on BTC behavior.
No financial advise
educational purposes only
retracement of sub-wave 2 (blue)
we should now be on sub-wave 3 of
leg 3 which is a promising outlook.
ADA is battling to break out above
the trend line of the down channel but
does have the EMA 50 (orange) as
a lower support.
I dont believe we will have to wait too long
for the break out but of course it is a lot
dependent on BTC behavior.
No financial advise
educational purposes only
