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$ADA
The question now relates to the short term because we all know what happens in the long term.
There is a sequence of higher lows starting from June 2023. The next low comes in August 2024 followed by a strong upward breakout. So the market is bullish.
The upward wave enters a correction with a major low in February that is retested in April. Now we are looking at a short-term correction and a local higher low (2025).
The low on April 7 leads to an upward breakout, and this breakout is corrected, four red weeks. This is the fourth red week and the end of the correction. From this point onward, we will see growth.
The left side of the chart is always the past. The right side is the present.
The bearish market wave is hard to miss (left-red), it was straight down. The bullish market period is different; it has been moving in sequence. A strong jump followed by a strong correction. What we are about to experience is something different. $ADA
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