Martha Paaske ItTV
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Here is the wave analysis (Elliott) for Cardano (ADA) based on the 4-hour time frame (H4), as of June 22, 202
Elliott wave analysis for ADA – 4-hour frame
✅ General trend:
ADA has recently entered a corrective wave after a clear upward wave, suggesting that we are currently in the fourth wave (4) of the classic five-wave cycle.
Possible scenario according to Elliott waves:
1. Wave 1: Launched from a low near 0.39$ and rose to $0.52.
We confirm that wave 5 has started
Upon breaking the level of 0.60$ with good trading volume, it will be a signal for the beginning of wave 5.
#MarketPullback
Elliott wave analysis for ADA – 4-hour frame
✅ General trend:
ADA has recently entered a corrective wave after a clear upward wave, suggesting that we are currently in the fourth wave (4) of the classic five-wave cycle.
Possible scenario according to Elliott waves:
1. Wave 1: Launched from a low near 0.39$ and rose to $0.52.
We confirm that wave 5 has started
Upon breaking the level of 0.60$ with good trading volume, it will be a signal for the beginning of wave 5.
#MarketPullback
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