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cryptoheat
Oct 20, 2022 9:50 PM

ADA example of MTF Wave Stochastic reversal pattern Education

Cardano / TetherUSBinance

Description

Explaining what the MTF Wave Stoch is all about, does not get any easier with this #Cardano chart ADA / USDT pair. Feel free to ask if you don't understand!
Comments
AHTV-1
question is: does that wave mean total dump or resurrection after cycle completion ..
cryptoheat
@AHTV-1, it is only relevant to the current wave ending, which already occurred. you can usually couple it with Elliott waves. In that case it would have been a sign of wave 5 of 1 (full impulse) ending and now it is nearing the end of the correction. If you see green curving up with a tap down from gray like in the beginning of the pattern on the left top of the chart usually it indicates the start of the next impulse
SwallowPremium
This is a great idea!! Keep it up!
cryptoheat
@SwallowPremium, thanks!
glad you liked it!
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