Double TOP + Bearish DOJI on weekly chart. Take care.
ADA is following an Elliot Wave pattern on DAILY chart Bullish Wave 5 should be shortest than the wave 3. (Because wave 3 is never the shortest and wave 1 was bigger than wave 3) Wave 3 was X3 So it should not go over 6$. We target 3.50$ ENjoy
Bitcoin could form a M (Double top) and return to the initial point around 5K.
On weekly chart, Price is returning to the 50% of the distribution range. As expected AFter first A correction wave we currently in B correction wave trying to find the top of this wave (usually 75% of A wave correction) This coincide with the 50% distribution range (56250$) and that is a good sign. We expect a big sell of at this point and price to reach 20K...
On D1 chart we can see a simple Head and Shoulders formation. This gives a very high chance for Bear to take control till the end of the right shoulder (0.06$) Trade safe
Following last IDEA posted yesterday: -If 46500 level breaks target is 41250 USDT (50% Fibonacci retrtacement) Trade safe.
There is an RSI divergence on DAILY chart since a moment. This gives a high chance that the bulls need a rest. The 12345 wave formation also seems to be ended. An ABC correction wave has started to form, we expecting wave C to fall lower than the A wave. Trade safe.