We’re probably forming wave 4, leg c(or y) to 60k. Would be a nice start for a much bigger base at around 60k for the continued bullrun
…of the first wave of the Multi year Bullmarket of Gold
ADA is retesting the monthly breakout level quite heavily.
That would give us a strongly sustaining $ and falling btc/stocks imo
The weekly close from January is 32320. it should hold the 50 week sma. Or we visit the 100 or 200
I expect a impulsive decline to the 500 area, which is the monthly closing level.
I see a finished A in 5 waves. That could be followed by a 3 wave correction B to fall in 5 waves to the bottom low C
Exactly 61.8 % retracted
….of the 61.8 Area I’d consider Pretty bull
Critical breakout level for ada
1105 for confirmation of a healthy uptrend
…..and most probably a higher low. So, What’s the problem ?
…..or 43 will come first
As a c-wave.
Declining by 90% after a major push.