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Technical analysis by C_EWAVE13 about Symbol ADA: Sell recommendation (10/31/2021)

https://sahmeto.com/message/2671503
C_EWAVE13
C_EWAVE13
Rank: 9215
1.5
Sell،Technical،C_EWAVE13

Hi everyone 👋🏽🕊 Wish y'all have a profitable lifestyle 🍀📌 ADA /USDT - Daily Time-Frame - Heiken Ashi📌 Elliott Wave - Channels - Fibonacci - Price Aaction 📍Cardano is looking a little bit confusing in my eyes; it has already lost a very major support zone 2.0$ (which I personally did not think might have happened)📍By the way, ADA is still bullish in 1.55 - 1.66$ price zone levels and may have a reversal from there! 📍 Cardano has already retraced about 50% of its previous wave which can be the 5th wave of the last cycle; it is so potential that it retrace about the 61.8% which can be the 1.55-1.60$ price range. ✍🏼 The 5th wave target is around the 3.64 price zone minimum ✍🏼 We are still the first wave of the 5th wave elliott ✍🏼 What I see from daily to one hour time frame just indicates bearish signs ✍🏼 I the daily time frame I can see a falling wedge triangle that may not be a good news for the price THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE ENTERING ANY SELL AND OR LONG POSITIONGOOD LUCK NP TRADERFALLING WEDGE MAY HAPPEN AT THIS LEVEL1.5 reachedMy fib channel is already broken

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$1.97
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