@morecryptoonline

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Avg. Quality

71

Success Rate

26.80

Analysis

694
Correct
186
Fail
278
Pending
222
Ineffective
0
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This analysis has a 86.46% probability of being Success

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Score
If You Had Traded on This Analysis…
Correct
ADAUSDT
Long Entry 0.8066 2025-08-09 14:34 UTC
Target 0.8525 In 3 Days Fail 0.7490
Risk/Reward 1 : 1
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Final PnL
5.69%
P/L:
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ADAUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis assesses ADA/USD using Elliott Wave Theory, suggesting ADA appears to be extending its third wave in a five-wave move observed over recent days. Minimum requirements for the third wave have already been fulfilled, with the first ideal target for wave three located at the 138% extension level at 0.818 cents. A potential pullback zone is calculated based on Fibonacci extensions from the third wave's length, specifically targeting support between 0.749 and 0.79 cents. The next upside levels to watch are 0.838 and 0.852 cents. Once ADA breaks above 0.871, the presenter will consider a an extended third wave formation to 0.906. If the price action maintains holdings above the range mentioned and proceeds higher, that it will result to a larger rally to a larger timeframe resistances at 0.95, $1.18 or $1.24.
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