Cardano (ADAUSD): Fasten your seatbelts! 🚀📈

Zaktualizowano
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!
Uwaga
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.
Uwaga
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.
ADAUSDTElliott WaveelliotwaveanalysisentrypointFibonaccihighprofitlongsetupSupport and Resistance

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