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1 extracted signal · 1 resolved · 0 still active
Ice Wallow Crypto13 Sept 2025, 16:41 UTC
AI-generated source summary
The analysis discusses Cardano (ADAUSD) using Elliott Wave theory, suggesting that after a five-wave move to $1.01, ADA is currently in a second-wave correction. Two scenarios are presented: a potential larger ABC correction targeting $0.722 or a continued uptrend. The analyst cannot confirm that $0.783 is the low of the second wave, but highlights a support zone between $0.864 and $0.910. If ADA breaks above $1.02, the low is likely in, but a second wave down is still needed and to attain the main target of $3.50. A 3rd wave can get rejected around these highs meaning a fourth wave to use as support $1.192 at the 0.618 level before the fifth wave puts ADAUSD at the minimum of $1.564. On the longer term (daily chart), target is $3.5 at some point, but if only an ABC form, the third wave is likely to reach these highs at $3.5. To reach that amount, there should be over extend for $2.
AI-generated summary based on the source content.
Evidence and evaluation progress
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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