ADA/BTC approaching critical supports: Cardano uptrend at risk ?

업데이트됨
ADA has been dropping with little bouncing.
But it has been following the red Fib series.
It is now approaching some critical supports.

Breakout and exact top was plotted in previous analysis
ADA/BTC breakout could be BIG: Cardano 22-58 % minimum expected


Admittedly since above breakout call I have been trying to find supports.
Now we are near the last stand, with just a couple supports that must hold.
노트
Decent bounce at the ''Likely" support 스냅샷 now comes the red 2.618 for net hurdle

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노트
Always respect a 2.618 if the proper impulse was identified 스냅샷 reflection from red 2.618 as expected, but bulls look to be reloading

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노트
Breach of the 2.618, a good start. 스냅샷 But the resistance band above will be more difficult, might need a running start and couple of tries

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노트
The bounce is still struggling to gain momentum it seems 스냅샷

Taking a closer look, it seems we had a 5 wave impulse up, and are in ABC correction. 스냅샷 Two possible scenarios, depending on whether to use the Wick/Spike down or only the 2.236 as bottom A.

That combination of 12345 and ABC could sell be the (1) and (2) of a larger order like this 스냅샷 with wave (3) to come, which could be a quick climb past resistance. Lets see how this plays out.

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노트
So I guess the Green ABC is best bet, lets see if it terminates as plotted 스냅샷

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노트
So much for above moon plans :( BTC still going gang busters and massacring Alts. But we are about to hit the crucial line for ADA 스냅샷

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노트
Finally, a bounce as BTC calms down. 스냅샷 Now we need to hold 1015-1050 sats at ALL COSTS.

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노트
Hit our "Bulls Last Stand" zone again, here a zoom 스냅샷 Really needs to bounce here.

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FibonacciSupport and Resistance

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