ðĨ ADA Elliot Waves Analysis: More Room To Grow
Since the COVID dump over a year ago, ADA has been one of the top gainers. Since the March'21 drop, ADA has slowly but surely taking over the minds of investors. During yesterday's strong push, ADA has formed a new ATH as one of the first major tokens. Great news for investors.
The path that Cardano has walked over the last ~16 months can clearly be described as an Elliot wave pattern. With ADA making new all time highs as we speak, we can start looking on where this bullish move may end.
If we assume that the third bullish wave will be the same as the first bullish wave, we can see a ~760% gain from low to high. This would place ADA's top around $7.75, a huge number!
Happy trading!
The path that Cardano has walked over the last ~16 months can clearly be described as an Elliot wave pattern. With ADA making new all time highs as we speak, we can start looking on where this bullish move may end.
If we assume that the third bullish wave will be the same as the first bullish wave, we can see a ~760% gain from low to high. This would place ADA's top around $7.75, a huge number!
Happy trading!
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