ADAUSDT | The best scenario for climbing🏹

11 нояб. 2021 г.

Hello traders, Cardano in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
If you have checked the daily analysis of this symbol in our account, you will notice that we are in wave 4 correction.
This wave 4 is formed in a zigzag pattern.
From wave 4, wave a ends as a leading triangle.
Normally, each wave consists of a wave a of a triangle in the shape of five waves.
But according to our study, these waves are three waves and we preferred to do the same counting.
Wave b should not correct more than 0.618% of wave a .
Wave b is formed in the form of a flat and this flat will be a common flat that wave b wave a is finished and now we are inside wave b .
We assume that wave b will have another drop to Fibonacci 0.78 to 0.88 and then climb for wave c to the end of wave a .
If Fibo 0.88 is broken, the flat shape will change.
And if the climb starts from the same range where the price was, it will continue to the purple channel ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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