Cardano
Long
업데이트됨

ADAUSD | Wave Analysis CUP&HANDLE Formation +200% Target

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A potential ABC correction - cup with bull flag / flat handle ABC formation which currently retraced 61.8% of the A/1 wave with a possible a.4-a.5 stop hunt ending diagonal for a second false breakdown.

Entry Position: Once price successfully recovered from the false breakdown support zone which could be a few attempts since wave 4 often a complex triangle.

Indicator support: RSI bullish divergence in TFD confirmation of the a.5 wave.

Target Position: TP1 @ 161.8% and TP2 @ 200% Fibonacci extension +200%!

Invalidation: Below the lowest price position.

Always trade with affordable risk and respect your stop,
Good Luck
거래청산: 타겟 닿음
The price hit the 1st target fibonacci 161.8% @ $1.015 (+150+%), the previous liquidity zone wave a.5 stop hunt gone below the key support $0.4+ as far as $0.33 before rebounded.

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