Technical analysis by Altsignals about Symbol ADA on 3/3/2022
https://sahmeto.com/message/3364974

Altsignals
Rank: 6469
Analytical Power:
1.5

In our last Cardano analysis we had 2 areas we were looking for a reversal. One of them was the structure level we are at now.We're on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal.Trade Idea:- Watch for bullish price action within the wedge (possibly double bottom)- Enter with stops below the lows- Targets: 2.4, 3, manually manage the rest See below for our previous Cardano analysis:Goodluck!
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Signal Type: Neutral
Time Frame:
1 dayPrice at Publish Time:
$1.06