ADA has broken out of a downtrend channel and signals the start of a new trend. The breakout also came with higher volume that shows us that buyers are full of power.
The 3rd Elliot wave looks complete to me, so I'm expecting the market may correct into wave 4 before the next impulse up.
Scenarios:
Bullish:
Bearish/correction:
RSI hints a correction, but the buy volume supports bulls
Key levels:
Support: 0.85
Resistance: 1.11
Target: 1.25
Disclaimer: The author’s opinion may not align with yours.
The 3rd Elliot wave looks complete to me, so I'm expecting the market may correct into wave 4 before the next impulse up.
Scenarios:
Bullish:
- Price holds above 0.82-0.85 support
- Next targets are 1.11 and 1.20-1.25 later
Bearish/correction:
- If 0.85 fails, price may fall to 0.72-0.75
RSI hints a correction, but the buy volume supports bulls
Key levels:
Support: 0.85
Resistance: 1.11
Target: 1.25
Disclaimer: The author’s opinion may not align with yours.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。