📊 $ADA Market Update – Aug 14, 2025 📊
🔹 Current Structure:
Price reacted early Aug from $0.578 – $0.688 support.
Reached first target at $1.00 (Wave 3 ideal target).
Larger daily target for C-wave still at $1.25 (100% Fib extension).
🔹 Wave Count:
Tracking five-wave move from Aug low.
Possible ending diagonal (all subwaves are corrective 3-wave moves).
Wave 1 ✅ → Wave 2 ✅ → Wave 3 = $1.00 target hit.
Wave 4 pullback underway — sharp, but still valid.
🔹 Alternative View:
Recent high may be A-wave of Wave 3, with current pullback as B-wave.
Could lead to further upside extensions beyond $1.25.
📌 Key Levels to Watch:
Immediate support: $0.881 & $0.852.
Critical support: $0.765 (Wave 2 low) → break here invalidates current bullish count.
Upside targets: $1.18 (prev swing high) & $1.25 (C-wave target).
⚠ Technical Notes:
Structure to upside not impulsive → expect choppy/bumpy progress.
Above $0.765 = bullish structure intact; below = count invalidated.
#ADA #Crypto #ElliottWave #Altcoins #MarketUpdate #trading