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CryptoKnee
Nov 26, 2021 1:51 PM

ADA short target hit! 

Cardano / TetherUSBinance

Description

Hit the area I was looking for and reacted! Now on to phase 2, hold this and bounce! Not sold on the idea that a turn here means an automatic ath . It could just be in some kind of larger sideways correction. Obviously, these support resistance levels are going to be an important part of my analysis... if it bounces here.
Comments
jimbudan
ADA seems to be a dead coin,price has to go under 1$ in 2022 and the death should come faster in 2022
eenmakkie
no EW count this time?
what about this one

problem is the last move from the 2,35$ looks to have now 6 waves already down on the hourly chart
CryptoKnee
@eenmakkie, Maybe, but still waiting for an impulse up and retrace for bull or something at least recognizable, still not ideal but a good place to turn based off of previous resistnace. This last little dilly could be the start, if it gets a nice correction off of this could start moving up, we shall see.
jimbudan
Next special price we will get is 1,05....in 3 descending phasis,each phase of -10 -13%....this should happen in less than 3weeks
jimbudan
New ATH?Of course not!!!!and of course price matters,whatever ADAs developer was saying......lower prices for ADA or slow death....his is the future for this coin
jimbudan
A new correction of -10% ciming soon....ADA is fighting for its life
UnknownUnicorn27717031
I agree I don’t think it’ll be a new ath I think we’ll have a sharp correction then it might retrace alittle bit before finally doing a new ath
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