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Adausdt 2022 08 05 19 47 11

If the bottom in wave ((ii)) has put, then ADA should sharply move higher in wave ((iii)) of 3, critical support at 0.4510, key level at 0.4886

Adausdt 2022 08 05 19 43 04

wave ((B)) is underway, currently ADA is developing wave A of it, we expect a sharp move higher in wave 3 of (A)

Adausdt 2022 08 05 13 39 09

As we mentioned in the monthly range, ADA is correcting in wave IV, The first side of wave IV ended at 0.4023, We expect the price to rally in 3 waves in wave ((B)).

Adausdt 2022 08 05 13 21 10

Relative to bitcoin, we expect Cardano to correct in wave IV near the prior fourth wave.