Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
A continuation TA on TA last May 19, 2021.
Other TAs, I made this June
Bitcoin
Chain Link
Ethereum Classic
____
Elliot Wave
Potentially, ADAUSD is now on Declining Phase. I know that $ 1.4880 and $ 1.000 are very strong supports in case of selloff came again. But in case $ 1.000 is broken, price may find support at 38.20% Fibonacci and followed by supports at 50.00% and 61.80%. The monthly support is at $ 0.1973 (I think, it’s least likely to reach this price – in case the trend line is broken). 38.20% is the most logical support as there is a trend line also supporting.
Monthly
Needs some pullback to Moving Averages.
Weekly
Bearish Divergence on RSI, MACD & Stoch RSI.
Daily
Bearish Convergence on RSI, MACD & Stoch RSI.
4HR
In the Chart.
1HR
In the Chart.
____
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
A continuation TA on TA last May 19, 2021.
Other TAs, I made this June
Bitcoin
Chain Link
Ethereum Classic
Elliot Wave
Potentially, ADAUSD is now on Declining Phase. I know that $ 1.4880 and $ 1.000 are very strong supports in case of selloff came again. But in case $ 1.000 is broken, price may find support at 38.20% Fibonacci and followed by supports at 50.00% and 61.80%. The monthly support is at $ 0.1973 (I think, it’s least likely to reach this price – in case the trend line is broken). 38.20% is the most logical support as there is a trend line also supporting.
Monthly
Needs some pullback to Moving Averages.
Weekly
Bearish Divergence on RSI, MACD & Stoch RSI.
Daily
Bearish Convergence on RSI, MACD & Stoch RSI.
4HR
In the Chart.
1HR
In the Chart.
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____________
Update
Elliot Wave
If 23.60% Fibonacci at $ 1.0847 and $ 1.00 is broken, likely to go to 38.20% Fibonacci at $ 0.6520. The trend line potentially makes a support.
Before
After
Weekly
Prolong selling pressure.
Before
After
Daily
Watch out EMA 9 & MA 200 bearish crossover. More selloff likely.
Before
After
4HR & 1HR
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT