shelby3

Cardano Elliot Waves

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KRAKEN:ADAUSD   Cardano
This adapted from a Twitter post.

Cardano (ADA) appears to he highly accelerated and slightly out-of-phase with Bitcoin and Ethereum — apparently because the Terminal impulse (due to the March 2020 crash) is in the most-major EW (the one with the boxes around the numbers) not the sub-major EW as is the case for Bitcoin and Ethereum.

If this chart is correct, ostensibly Cardano with shine and nearly flip Bitcoin’s marketcap while Ethereum’s miners are undergoing a ‘heat death’ in Q2 2022.
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