ADA looks to have finally "bottomed" and upcoming upgrades may lift it out of the ashes. If that was NOT the bottom, then there is only one more floor below, starts with a "Z". It has already jumped up one rung on the Fib ladder after testing the floor below.
the 4.764 at 403 sats would be a good stop loss for long entry. the 4.618 at 619 sats has just Pinged twice and must launch now. the 4.382 at 706 sats will be first resistance, better not reject.
the 4.236 at 822 sats is likely 1st target and minimum distance to leave orbit. the 3.764 at 1198 sats is ideal 2nd target with a large open space to jump. the 3.618 at 1314 sats could be overshoot target if the news proves real.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
評論
Strong Break Out
Nice gains after break of the major fib Might be ready for a retrace now, 5.618 a possible wave end.
I will monitor this move and post a new Idea with smaller tf targets.