singhverse

singhverse P Updated 

We recently saw a spike in ADAUSD prices which happens to be the final leg of wave B of the zigzag. It seems like we have now started moving down in an impulsive manner (5 steps down 3 up). It seems like we are now in wave C of wave Y of the overall wave 4 correction in ADA. If this plays out as outlined, we may see prices hit at or below the end of Wave A...

singhverse P

It looks like a long term Broadening bottom pattern is forming in ADAUSD. It's usually a reversal pattern but could also be continuation or prior trend. IMO, such long term bottoms tend to be reversal patterns. The chart shows 2 possibilities. It could go either way from here depending upon how BTC moves and how the months of Oct/Nov unfold. My bet is that price...

singhverse P Updated 

It seems like ADAUSD is forming an H&S pattern. If this plays out, the target will be around 3 cents. *not financial advice, only for educational purposes.