Playing with impulse Elliott Wave

Going by recent impulse buying, things have escalated out of control. The bullish momentum from Bitcoin has lifted many of the altcoins with it. As Bitcoin pushes ahead beyond the 20k mark it will create an even greater surge as positions are sold out of bitcoin for additional gains in alts. The large sudden volume will exponentially increase alt prices. ADA being relatively low volume will see significant increase.

Given no sudden market crash (regulatory institutional involvement), an optimistic picture can be painted in the following graph.

All jokes aside

Remember to take profit, have your stop losses at the ready, wish you all the best in the bull market.

Im not a professional just another keyboard warrior