Cardano (ADAUSD): Fasten your seatbelts! 🚀📈

Cardano emerges with a distinctive journey. Having sculpted Waves 1 and 2 within a Flat structure, the focus now shifts to the probable completion of Wave 3, reaching a potential range between 227% and 261%.

Anticipating the onset of Wave 4, we pinpoint a pivotal zone between 50% and 61.8%. A breach beneath this range would jeopardize the entire scenario, potentially falling into the territory of Wave 1. The support offered by Wave B within the Flat structure stands as a crucial level, poised to become a notable buy zone.

With these dynamics in play, we anticipate a surge to at least 90 cents!

Commentaire:

We got filled on our spot ADA entry and will now see how the markets develop. There is still a high possibility, that BTC and ETH will grab some liquidity in the lower areas, so that altcoins should experience some significant price corrections too. But, anticipating we are still in a bull market, prices will continue the race towards new year highs. We will keep you updated.

Commentaire:

It appears that we may have identified another excellent and profitable entry point through our analysis. We are currently up by over 20% in profit and intend to keep our position open. We still have nearly 20% to go until we reach the $0.675 level, which represents the previous high of wave 3 as indicated by the red wave. At this level, we will definitely consider securing some profits, as at this level, the wave 5 could already be completed. Rest assured, we will keep you informed of any developments.