The analysis focuses on the ADA/USD pair using the 4-hour timeframe. It identifies current support between $0.884 and $0.855. A break below $0.855 suggests a larger fourth-wave move down, potentially indicating that the blue third wave topped out. If a deeper correction occurs, new support is placed between $0.797 and $0.875. The analyst considers it most bullish if the price goes down to $0.835. The analyst notes that the support at $0.382 and blue 4th wave is were other support level are. If the price reaches the 50% support level ($0.835), that would be most bullish, with potential for $1.10. There is potential for a $1.07 target if support holds, otherwise a further correction may turn out for a $0.66 potential target. The speaker discusses bitcoin dominance trend effect in this coin.