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

AI-generated source summary

The analysis focuses on Cardano (ADA) on a daily timeframe, confirming an existing low-confidence bullish 1-2 setup remains technically viable. The market executed a five-wave advance, labeled as Wave 1, followed by an ABC corrective structure. The A-wave declined, leading into a B-wave rally that tested a resistance area between 0.435 and 0.438, aligning with a 78.6% Fibonacci retracement. The price is currently engaged in the C-wave decline, trading around 0.380. Key support areas for this C-wave are identified between 0.349 and 0.377, featuring significant Fibonacci confluence at 0.377 (50% retracement), 0.365 (61.8%), 0.359 (123.6% extension), and 0.349 (78.6% retracement, 138.2% extension). The primary target for the C-wave completion is the 100% extension at 0.375. A micro-resistance for a potential Wave 4 rebound within the C-wave is defined between 0.402 and 0.411. The current short-term bearish expectation holds as long as the market trades below the 0.410 level, anticipating a further decline to complete the C-wave towards the 0.375 target. A sustained break above 0.410 would invalidate this immediate bearish forecast, signaling a shift in the market's trajectory. The overall corrective pattern is considered unfinished.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   16 Jan 2026, 04:10 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 01:22 UTC

   The first evaluable outcome in this case reached a terminal result.

6. Case evaluation completed

   02 Jul 2026, 01:22 UTC

   All evaluable predictions in this case reached terminal outcomes.