Cardano most passive scenario when Crypto/BTC pops
Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
Note
How i learned in the last years since 2014, the momentum in altcoins is slowing down, means there possibly there are some pullbacks but the targets are clearly drawed in my chart.
We are mostly on track with massive pump from 0,32 to above 0,60. So a pullback is more probable now.
Next Target to complete wave 3 is around 1,13 normaly inside a wave structure you got that waves to as subwaves with 1-5 waves. In this case, when it pumps like hell from time to time it is really hard to identify those subwaves and find the structure in a extreme impulsive wave like that with a 100% pump.
So far we are perfectly on track to hit those targets down
At the moment its a 50/50 chance, that my passive target has to be corrected soon to massive bullish case.
But its to son to draw targets when the market shows impulsive candles like that.
If we build a base i will give a update on targets...
So far a correction fast and hard around 0,4 area isnt random in croptosphere
so be prepared and dont let blackrock shake you out ;)
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