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WHERE WE ARE
At 2.47, ADA made the top last May, which could be thought of as 3.
Drawing the parallel channel(0.3885 - white 2.47), we can see which points the price reacted to.
The middle line(red dots) works well as well, which is also the level of Fib23.6%.
Once the price is rejected around Fib23.6, it means that the wave is strong.
If my counting is correct, we are on the strong wave to break 2.47 and make the new record.
*As long as * the lower red ascending channel is unbroken, this idea is valid.
ðĄThe absolute principle for tradingðĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEððŧ AND FOLLOW MEâĪ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ð
At 2.47, ADA made the top last May, which could be thought of as 3.
Drawing the parallel channel(0.3885 - white 2.47), we can see which points the price reacted to.
The middle line(red dots) works well as well, which is also the level of Fib23.6%.
Once the price is rejected around Fib23.6, it means that the wave is strong.
If my counting is correct, we are on the strong wave to break 2.47 and make the new record.
*As long as * the lower red ascending channel is unbroken, this idea is valid.
ðĄThe absolute principle for tradingðĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEððŧ AND FOLLOW MEâĪ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ð