
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
24.83
Analysis
435
Correct
108
Fail
156
Pending
162
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

ADAUSDT
Long Entry
0.8316
2025-09-02
22:37 UTC
Target
1.7900
Fail
0.5000
Risk/Reward
1 : 3
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The video provides a technical analysis of ADAUSD, focusing on Elliott Wave patterns on a weekly timeframe. The analysis tracks the price movement within an orange scenario, interpreting the recent uptrend from June as either an impulsive or diagonal pattern potentially leading to a five-wave move to the upside. Critical support is identified at the 0.51 level swing low from June. As long as this level holds, the cryptocurrency could continue grinding higher, reaching a potential target of $1.79, which aligns with Fibonacci levels. There's an alternative white scenario where the analyst considers wave C formation, with the potential to reach targets $1.47-$1.79. The upper target of the five wave move is $4.14. Microstructure needs to be above a trend line coming in at one dollar for a upside breakout, resistance is between 0.88 and 0.96.