ADAUSD 5/6/2021

2021年5月6日Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Finally, a legit breakout this time.

I bought some at $ 1.00. Just find your entries.

I made some revision on my Elliot Wave for this coin due to incomplete in the previous TA.

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Revised Elliot Wave
For this year 2021, most probable target is $ 20. The crazy one is $ 43.00. Other explanation is in the chart.


1M
Here, is the Complete Monthly Chart of ADAUSD. As you can see, a two months consolidation on a price range of $ 1.00 to $ 1.50. Right now, it’s making a breakout to the upside. First time for RSI to go and hold above RSI 70 level and even touching now at RSI 80 which is a very bullish sign. MACD shows intense buying pressure. Stoch RSI has potential bullish convergence.


1W
In the Chart.


1D
In the chart


4HR & 1HR
in the chart.


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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT