ADA 3rd wave UP!
First major wave complete. retraced back to the golden pocket.
First wave of the 3rd wave retracing now, finished off with a strong Harami but I don't expect it to retrace any further than to the 2029 satoshi levels.
First target for wave 3 is a 1:1 ext of wave 1. which was also a strong support in Dec and a decent resistance early March.
Possible 23% gain with a R:R of 2 when you play conservative and put the Stop just below the major wave 2 territory. if you put it just below the red wave count, make sure you wait for conf that it's done retracing, would be at least a 3:1 R:R up to 6:1.
First wave of the 3rd wave retracing now, finished off with a strong Harami but I don't expect it to retrace any further than to the 2029 satoshi levels.
First target for wave 3 is a 1:1 ext of wave 1. which was also a strong support in Dec and a decent resistance early March.
Possible 23% gain with a R:R of 2 when you play conservative and put the Stop just below the major wave 2 territory. if you put it just below the red wave count, make sure you wait for conf that it's done retracing, would be at least a 3:1 R:R up to 6:1.
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