ADAUSDT - Next move - Its about to explode !!! Long

Opis

⋅ 7 paź 2022 23:45

Hello, according to this wave count i think ADA will explode very soon.
We can see an ending diagonal finished and a potential wave 1 developing.

I found this structure LEADING DIAGONAL - ENDING DIAGONAL on other pairs (see TRXUSDT related idea)

Our strategy can be:
- Buy here and start to accumulate ADA every new low.
- Our invalidation point is 0.4025

Happy trading.

If this idea is helpfull please like and follow.

Transakcja zakończona: osiągnięto poziom stop

⋅ 11 paź 2022 15:25

Komentarze

Stuartm190

⋅ 8 paź 2022 00:13

good potential trade but your targets are unrealistic

FullTimeTrader

⋅ 8 paź 2022 00:18

@Stuartm190, Thanks for comments. Targets are projections according to EW rules. Its just theory (or can be in real world, who knows, LONG TERM).
If this count is correct 1-2 (red), common next targets are:
- Wave 3 = 100% wave 1, or
- Wave 3 = 1.61 wave 1
Of course a trader can manage it according to its strategy.
Happy trading.

MynameisTeo

⋅ 9 paź 2022 04:56

this count fit's BTC too?

FullTimeTrader

⋅ 9 paź 2022 11:40

@MynameisTeo, Hello, every chart is different. Although my bias is bullish on BTC, right now chart is not clear and i prefer to wait.
In this case ADA structure is more clear, i like ending diagonals because they are effective 70% of time.

MynameisTeo

⋅ 9 paź 2022 13:49

@FullTimeTrader, actully , what BTC do, alts' do the same but harder... i try to trade chart indipendent of BTC and don't work well... ADA in daily looks more like a descending triangle. have a nice day.

SwallowPremium

⋅ 8 paź 2022 20:56

I like your chart, good work! Keep it up!!

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