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ahmed.abrar007
Jan 12, 2018 3:57 PM

ADABTC 5th Wave Coming on Daily Chart Long

Cardano / BitcoinBittrex

Description

ADABTC 5th Wave Coming on Daily Chart.

I am not an Adviser But a student of Charts and Analysis.

Comment

6000 target reached, facing some resistance with 9ma daily (same as 50ma 4hr). 6000 was a fib level too. next fib lvl around 7000.

Comment

6000 makes a very strong support now, will make a higher low around 6000-6300 before making next higher high with an attempt to break 7000 lvl.

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Probability of 3rd longest wave of 5 sub waves in the main 5th wave can take us to 9000 range.

Comment

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5800 retracement on trend line, next 3rd sub wave target t1-7k, t2-9k.

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put ur seatbelts on !

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small resistance on 6200

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Double bottom reversal

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If price drop at 5400 and stay for sometime, then it will break the trendline. Careful.

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ada price should come back on this trendline, get your stop loss ready on 5500 or 5600.

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still getting support on new trendline

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temporary , down because of BTC dump, will update after the recovery.

Trade active

Expecting something like this

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trianlge breakout is near. https://Thttps://www.tradingview.com/x/tOp9g1mF/ Please Hit a like if you like my idea and target reached, your feedback is really appreciated.

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Trendline broke because of BTC correction, wait for BTC correction to complete.
Comments
Inspirar
Great call
ahmed.abrar007
@Inspirar, Thanks
skedfinger
I noticed the start of possible reversal today myself. Nice work.
ahmed.abrar007
@skedfinger, Thanks, my earlier ideas -
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