About meTrader and investor, Certified Elliott Wave Analyst (CEWA).
Mainly using Elliott Waves and Harmonic Patterns to analyze markets.
Follow me on telegram for more live analysis:
Hello, according to this wave count i think ADA will explode very soon.
We can see an ending diagonal finished and a potential wave 1 developing.
I found this structure LEADING DIAGONAL - ENDING DIAGONAL on other pairs (see TRXUSDT related idea)
Our strategy can be:
- Buy here and start to accumulate ADA every new low.
- Our invalidation point is 0.4025
According to this count a 5-wave impulse seems complete.
We can see a bearish divergence on indicator also.
I expect a retracement at least to 0.38 fib retracement.
Please like, share and follow.
This is not a trade.
According to this count a can see a clear leading diagonal.
Last week price broke last low (June 17) and is developing a strong impulse (wave 3)
Next targets could be 3132 and 2399
This means BTC will make new lows very soon.
If this idea is helpful please like, follow and share.
After a strong decline we can expect a bounce near 0.1050
Entry = 0.1050
Target 1= 0.1135
Target 2= 0.1209
Stop loss= 0.1007
Happy trading to all!
If you like this idea please like and share.
We can see a diamond pattern is forming, this is a reversal structure.
1) Wait for trendline breakout (near 19200)
2) Stop loss is last low (18510)
3) Ideal target is diamond height (near 20876)
Active managing the trade is needed.
Please like and follow.
This is a good opportunity for an investment, not a trade.
We see an expanded flat near completion (ending diagonal).
This means price will explode to the upside very soon.
I will buy now and hold it long term.
Please like, follow and share.