ADA Elliot Wave Count: Wave 5 almost in!!!!!
-ADA is in the Process of printing a high time frame (HTF) wave 1 (W1)
-medium time frame (MTF) is in the final stages of printing its W5
-The 1-1 targets for price and time have both been broken. The next target is the 1.618, which is $1 by march 18.
-On the LTF in order to reach $1 we would need to see a 5th wave extension to the 3-1 fib in time and price.
-Price is currently interacting here with the 1.618.
Additional TA
-untapped monthly open/close + Log 0.618 at $1.14
-monthly naked point of control at $0.96
-Log 0.5 at $0.84 and 0.236 at $0.90
Put it all together and these are the targets
-medium time frame (MTF) is in the final stages of printing its W5
-The 1-1 targets for price and time have both been broken. The next target is the 1.618, which is $1 by march 18.
-On the LTF in order to reach $1 we would need to see a 5th wave extension to the 3-1 fib in time and price.
-Price is currently interacting here with the 1.618.
Additional TA
-untapped monthly open/close + Log 0.618 at $1.14
-monthly naked point of control at $0.96
-Log 0.5 at $0.84 and 0.236 at $0.90
Put it all together and these are the targets
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