
@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
23.85
Analysis
478
Correct
114
Fail
161
Pending
203
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

ADAUSDT
Long Entry
0.8161
2025-09-04
06:45 UTC
Target
1.2500
Fail
0.6930
Risk/Reward
1 : 4
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The analysis focuses on the ADA/USD daily chart. The price is currently below a trend line. The analyst identifies breaking above this trend line as a bullish objective. A fourth wave triangle, likely completed in June, shows weakness in sub-waves, which are corrective. The current movement is identified as an A-B-C wave pattern, with a potential five-wave move up. The analyst targets $1.25 but states there are no guarantees this will occur quickly. The analyst will keep this scenario as valid, as long as the market holds above a previous swing low from August, around 69.3 cents. A breach below this level could reset the B wave. The support area between 57.8 and 68.9 cents comes into focus. Sustaining this support area is key for the upside in circle wave C, otherwise, the August low will come into play, around 69.3 cents, so this needs to be maintained to keep this local uptrend intact.