the correction in ADA/USD has completed a 5 wave structure to the downside, the start of a zig-zag pattern
it is followed by what appears to be an expanded flat
based on Elliott wave theory, there will be 5 more waves to the downside
there is a high risk of capitulation given current sentiment
most likely region of support is the 0.10-0.13 region
it is followed by what appears to be an expanded flat
based on Elliott wave theory, there will be 5 more waves to the downside
there is a high risk of capitulation given current sentiment
most likely region of support is the 0.10-0.13 region
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you guys are right. It's bullish.