We see ADA testing the median line of the Inside Pitchfork, but nicely rejecting the downtrend.
If ADA can hold above the trend line it may shoot for the median line of the Original Pitchfork
for a 50% roi.
Possible targets to take profits are around:
- 0.063 at the 1:1 extension based of the proposed wave 1
- 0.066 around de negative 0.618 fib level
- 0.075 around the 0.382 of the impulse started dec. 2018
- 0.081 around the median line of an original pitchfork and a 1.618 extension
If ADA can hold above the trend line it may shoot for the median line of the Original Pitchfork
for a 50% roi.
Possible targets to take profits are around:
- 0.063 at the 1:1 extension based of the proposed wave 1
- 0.066 around de negative 0.618 fib level
- 0.075 around the 0.382 of the impulse started dec. 2018
- 0.081 around the median line of an original pitchfork and a 1.618 extension
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.