Technical analysis by Jim Simons about Symbol ADA: Buy recommendation (7/25/2024)

Let's look at it positively Elliott has completed the 2nd downward wave and entered the 3rd wave or it is hitting an ascending ABC wave. If we are pessimistic and we are still in a big correction wave, we are now in wave C and there is a correction of at least 0.23 and the target is 0.09, which is very unlikely.