ADABTC seem to be in a Elliot abc down on a 1 day chart. ADABTC must respect the green major trend line. Once ADABTC completes its Elliot abc down, then I believe we will bounce off the major green trend line and start our 12345 Elliot wave up, bullish. I believe this will be in july and august.
Comment:
This fractal is working very well here. As per the Fractal, I expect a bounce off the green trend line @ 0.00002474. I'm looking at a bullish trend after this bounce also the 12345 Elliot wave up after the bounce will take us up to ALL TIME HIGH. We must break the horizontal green line @ 0.00004190 for a full confirmation of trend reversal and future predictions.
Comment:
ADA has respected the green trend line @ 0.00002474 and seems to be on a nice bull trend. Seems like ADA is following the fractal pretty well, not 100% perfect but good enough. We need ADA to break the upper red trend line for better bullish confirmation. ADA is also entering the corner of the triangle so it must decide what it wants to do soon.