Some people say ADA has broken it's main resistance, but they don't consider the price ranging almost for 2 month after that (because of market condition and btc price movements)
so ADA has a important resistance ahead and if impulse wave has enough power we're gonna break the resistance but if we can't we're dropping again.
you can see we already finished a full Elliott wave up (5 wave) and it's entrancement (abc) and we're kind of ranging to form a new impulse wave. right now price movement is heavily depends on market momentum and especially BTC price, so I advice to manage your risk and don't put much money in these trades because market condition is not clear and trading in this situation is so risky.
so ADA has a important resistance ahead and if impulse wave has enough power we're gonna break the resistance but if we can't we're dropping again.
you can see we already finished a full Elliott wave up (5 wave) and it's entrancement (abc) and we're kind of ranging to form a new impulse wave. right now price movement is heavily depends on market momentum and especially BTC price, so I advice to manage your risk and don't put much money in these trades because market condition is not clear and trading in this situation is so risky.
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