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ADAUSDT
Entry 0.9113 2025-08-18 15:01 UTC
Target 1.1300
Fail 0.7630
Risk / Reward 1 : 1
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ADAUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on ADA/USD, currently at 0.910730, within a consolidation/correction pattern. The expectation is a corrective bounce followed by another leg down towards 0.85, aligning with the 100% extension level. A C wave down is anticipated within a larger B wave. An uptrend is expected, but the analysis acknowledges a corrective pullback in the short term. The ideal target for wave 3 is identified between 1.13 and 1.18, representing a resistance area. The analyst will worry if the price breaks below 0.812, and the structure is invalidated below 0.763. The primary focus is on higher prices, contingent on holding the 78.6% retracement level from the rally following the August 12th low. This analysis assumes an ending diagonal pattern, with the A wave and C wave tending to have the same length.
Principled
Comprehensible
Accurate
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