ADA/BTC hit targets now retrace watching: Cardano support zones

تم تحديثه
Quick plot to observe possible support zones for Cardano.
This is part of ongoing analysis of ADA vs BTC as linked below.
In general I am quite bullish on this coin versus most Alts.

1600 retest seem very likely soon.
1590 could be a stop hunt below 1600.
1575/55 must hold to continue uptrend.

My ADA journey this year:

Spotted the likely breakout:
ADA/BTC breakout could be BIG: Cardano 22-58 % minimum expected


Measuring the continuation:
ADA/BTC near term targets: Cardano has one more leg up (wave 5)


Spotting an intermediate TOP:
ADA/BTC near term (15m) Resistance zones: Cardano where is top ?


Plotting the correction from that top:
ADA/BTC asking "to C or Not to C" ? Cardano ready to retrace?





ملاحظة
Just hit first possible end of wave 5 and got a decent bounce لقطة good sign but we might go a little lower. Am filling limit buys laddered through this area.

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ملاحظة
So it looks like first support held لقطة now if it crosses the next fib line, then we can be confident correction is done

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Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
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