#stop the idiotic gurus who make you lose your money!!!!
Deep analysis of #ada based on Elliott.
One of the things I wonder is why do people enter this world without knowing technical analysis? The money they earn with effort is thrown away by following news and influencers who know nothing.
In the chart, I show you the trajectory in a daily frame of #ada using Elliott movements, Fibonacci retracements, and extensions.
#ada from 11/5/24 to 12/3/24 had an increase of 308%. Ending with the 5 Elliott movements. It is logical to have a healthy retracement for the next upward impulse.
I estimate, and I say estimate because according to my analysis the retracement support levels are $0.81 and $0.72 before starting a new cycle.
While the market can do whatever it wants, I assure you that with good timing and proper risk management, your chances of being profitable will increase significantly.
Study, read, learn the market cycles, and do not follow any guru who knows nothing.
Deep analysis of #ada based on Elliott.
One of the things I wonder is why do people enter this world without knowing technical analysis? The money they earn with effort is thrown away by following news and influencers who know nothing.
In the chart, I show you the trajectory in a daily frame of #ada using Elliott movements, Fibonacci retracements, and extensions.
#ada from 11/5/24 to 12/3/24 had an increase of 308%. Ending with the 5 Elliott movements. It is logical to have a healthy retracement for the next upward impulse.
I estimate, and I say estimate because according to my analysis the retracement support levels are $0.81 and $0.72 before starting a new cycle.
While the market can do whatever it wants, I assure you that with good timing and proper risk management, your chances of being profitable will increase significantly.
Study, read, learn the market cycles, and do not follow any guru who knows nothing.