ADAUSDT POSSIBLE WAVE 1/A COMPLETION
Possible wave 1/A is almost completed
There is divergence between wave 3 and wave 5 so this gives us a high probability of wave 5 completion but it is still possible for wave 5 to go lower .
if the white trendline is broken , wave 5 will probably go as low as 0.4017. currently RSI is below 50 and momentum is bearish .
price needs to break wave 4 high and RSi should read above 50 to confirm bullish momentum in order to confirm wave 5 completion.
This idea will be invalid if price breaks 0.4017 and close below it .
Good LUck
There is divergence between wave 3 and wave 5 so this gives us a high probability of wave 5 completion but it is still possible for wave 5 to go lower .
if the white trendline is broken , wave 5 will probably go as low as 0.4017. currently RSI is below 50 and momentum is bearish .
price needs to break wave 4 high and RSi should read above 50 to confirm bullish momentum in order to confirm wave 5 completion.
This idea will be invalid if price breaks 0.4017 and close below it .
Good LUck
Trade closed: target reached:
will enter again on pullback