This video provides a professional Elliott Wave and technical analysis of Cardano (ADA), focusing on market structure, major support and resistance zones, and potential bullish and bearish scenarios. The goal is to help viewers understand ADA’s market position through an educational and data-driven
1 extracted signal · 1 resolved · 0 still active
More Crypto Online25 Oct 2025, 16:26 UTC
AI-generated source summary
The analysis explores ADA/USD on the daily timeframe, noting its sideways movement. The analyst identifies movements as corrective, not impulsive to the upside and notes that the initial move looked like a three-wave move up and not an impulse. There's an A wave up, with a corrective pullback holding a higher low. He is analyzing two scenarios, white and orange and the current one seems to be a three-wave move down, or a WXY structure. Upside is capped by a descending trend line, but the price needs to break above 0.81 then 0.94. Support lies between 0.473 and 0.593. He also looks at ADAUSD on the 1H chart, finding it range bound between 0.473 and 0.82, to unlock a rally with the price targeting 2.50, but all needs to hold around 0.473 to keep the upside scenario, while 0.82 and a half Cents is an important resistance to break.
AI-generated summary based on the source content.
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