EuroMotif

ADA bottom in? Bounce off major Golden fib into 1st Target zone

EuroMotif Mod Telah dikemas kini   
BINANCE:ADAUSDT   Cardano / TetherUS
Cardano looks to have finally bottomed.
Long accumulation at a Golden Genesis fib.
Lift off has decent fib rhythm, a good start.

$ 0.9063-9084 is 1st target and possible wave end.
$ 0.0645-9709 is 2nd target and quite achievable.
$ 1.0764-0766 is 3rd target and likely MOVE ENDER.

.

I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

.
Komen:
TP 1 hit!

Nice clean push into first resistance
.

Zoom IN (1 min) for a close look at the zone CLEAN break and retest on micro scale.
Could retrace from here, but this looks good.
I think we continue to TP 2 soon.

=================================================================================================

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.