The analysis focuses on ADAUSD, with the primary timeframe being weekly. The speaker identifies two main scenarios based on wave theory. Scenario 1 suggests that ADA has completed a three-wave move and might be forming a fourth wave, with potential upside to 0.40 to 0.51. Scenario 2 suggests a more impulsive move, potentially targeting 1.33. The speaker also notes that a breakdown below the 0.21 support level would invalidate the bullish case. The analysis also briefly touches on intraday charts, noting that ADA's recent move up was only in three waves, which is not typically indicative of a bullish trend. The current price is 0.275794.