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EuroMotif
Mar 23, 2019 9:42 AM

ADA/BTC hit targets now what? Cardano retrace watch (15min chart 

Cardano / BitcoinBinance

Description

ADA hit the second target spotted in last analysis.
Now watching the retrace, looks be an ABC forming.
Two support zones are spotted that might end wave C.

1437 sats with the 3.618 fib would be strong bull bounce.
1400 sats with the 2.618 fib is the usual retrace area.
1387 sats with the 2.236 fib is a must hold for bulls.

This is an update to my ongoing analysis:

Staring with the expected breakout


Then looking for targets of the breakout


Last analysis was spotting the temporary top



Comment

Just hit first possible support that could disprove my ABC count


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