I fully agree with your analysis. We are finishing wave 1. I would expect sub-wave 1 of wave 3 and to make a Fibonacci extension to see what can be expected from wave 3.
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Teshkid is Crypto
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$ADA on the daily chart is breaking down after an impulsive movement to $1.3352.
I believe we have peaked in an Elliot wave 1 and a wave 2 is now imminent.
The minimum targets for the wave 2 lie between $0.8045 - $0.5010. Within this areas we should find support and start a bounce in an impulsive Elliot wave 3.
I believe we have peaked in an Elliot wave 1 and a wave 2 is now imminent.
The minimum targets for the wave 2 lie between $0.8045 - $0.5010. Within this areas we should find support and start a bounce in an impulsive Elliot wave 3.
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