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 Online06 Nov 2025, 21:28 UTC
AI-generated source summary
The analysis identifies a pullback on the ADA/USDT chart, which may have begun in wave five. The decline is viewed as an ABC pullback in wave two. The C wave is considered a five-wave decline, which is tracked as waves 1, 2, 3, 4 and 5. In this five-wave decline within a C wave, the expectation is wave two is nearing completion. The price is struggling to break above the initial resistance at approximately 0.549 cents, the 38.2% retracement level. It would take a five-wave move up that breaks above 0.59 cents for a real signal that a lasting, and meaningful low has formed. The analysis suggests ADA will be under pressure as long as it holds below the Wednesday high, and a target of around 0.473.
AI-generated summary based on the source content.
Evidence and evaluation progress
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Signals in this source
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