$ADAUSD
Added 2023-12-14 07:19:23 +0000 UTC$ADA has a lot of strength in it and does not look like it is in its ABC corrective Wave yet and after breaking out of its large wedge, it has made a new high and hit our Third Target, if there is a retest of the Second Target level at $0.62c and holds, then we could see a positive move up to the Fourth Target at $0.72c.
You need to follow this yourself, I will upload this when I can but this is moving so fast that it is possible for me to miss these levels.
If you like how it is looking, do not wait for me to confirm what you already know, all the commentary is here on this chart to help you make your decision to buy and exit.
Comments
No probs Luc
Gareth Neary
2023-12-14 08:18:50 +0000 UTCThank you for taking the time to explain me.
Luc
2023-12-14 07:59:29 +0000 UTCThe length of the wedges determine the height of the targets. Check out the parallel yellow lines running vertically. I agree, we are used to wave counts but we need to use the best resources depending on the movements and so far, this technical style has been incredibly accurate so I will continue to use this for $ADA
Gareth Neary
2023-12-14 07:44:49 +0000 UTCSorry for the newbie question, but How do the targets are established? What happen after hitting a target,? ABC correction ? I am kind of lost when there is no wave count and fib levels.
Luc
2023-12-14 07:37:44 +0000 UTC
