As we expected, ADA finally broke out of its sideways range to the downside last week. We now see it on the last legs of the magenta wave (ii). Once the low is established, we expect a sustained upward move above the resistance at $0.81.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.