Manual Waves Counting in #ADAUSDT
Disclaimer: This is not investment advice. This is for education only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
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Cardano's completely manual wave counting in the two-hour timeframe indicates the completion of the correction of this cryptocurrency. The price chart has entered an uptrend after entering a PRZ range due to 161.8% Extension AB, 100% Projection A from B, and 138.6% Expansion A, as well as hitting the dynamic support line. The buy signal is issued in the MACD and also a positive divergence of the Regular Type can be seen quite clearly in this oscillator.
You can do the first step of your purchase right now and the second step after breaking the resistance and completing the pullback at a price of $ 1.32 (First Target). The next target could be the previous ceiling of about $ 1.43.
With all these possibilities, I strongly advise you to stick to your Stop-Loss. I have set the Stop-Loss at 1.067 $.
You can scroll this analysis to see all of the support lines in this symbol.
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Comment: Dear followers and users of TradingView. I am glad to share my ideas and analysis with you.
I have a short request for you. Please support my channel with your LIKES and COMMENTS below this idea.
Sincerely, Piroozman.
Good luck.
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Cardano's completely manual wave counting in the two-hour timeframe indicates the completion of the correction of this cryptocurrency. The price chart has entered an uptrend after entering a PRZ range due to 161.8% Extension AB, 100% Projection A from B, and 138.6% Expansion A, as well as hitting the dynamic support line. The buy signal is issued in the MACD and also a positive divergence of the Regular Type can be seen quite clearly in this oscillator.
You can do the first step of your purchase right now and the second step after breaking the resistance and completing the pullback at a price of $ 1.32 (First Target). The next target could be the previous ceiling of about $ 1.43.
With all these possibilities, I strongly advise you to stick to your Stop-Loss. I have set the Stop-Loss at 1.067 $.
You can scroll this analysis to see all of the support lines in this symbol.
**********
Comment: Dear followers and users of TradingView. I am glad to share my ideas and analysis with you.
I have a short request for you. Please support my channel with your LIKES and COMMENTS below this idea.
Sincerely, Piroozman.
Good luck.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.