ADA finishing ABC retraction

٢ مايو ٢٠٢١

Right now following Elliott wave Theory we are in the ABC retractions and looking at the daily RSI we are about to go back down the C retraction to 0.91 cent. As right now the RSI on daily shows we are very close to the overbought. Down target is 91cent as there is a support but it if breaks through it the other support at 70cent. Also BTC is getting close to being overbought also which might be the one pulling ADA down harder.

٤ مايو ٢٠٢١

ملاحظة

Starting to move down precisely where I marked B, now got to see if this be just a small drop or large.