ADA's Marketcycle (12345 purple) made an 3000%+ profit.
After such new paradigms and overvalued heights, corrections will follow.
Now notice that I've marked the 0.786 fib level.
This is a common level for forming a new strong support, after an ABC correction have been happened.
For the long term, I think ADA/BTC is a great coin.
However, to start a new cycle (second degree wave count) ADA first needs this correction.
After this, the new cycle can start, confidence and FOMO will rise and ADA will go up.
Just have patience and don't trade it right now.
#happytrading
#love
After such new paradigms and overvalued heights, corrections will follow.
Now notice that I've marked the 0.786 fib level.
This is a common level for forming a new strong support, after an ABC correction have been happened.
For the long term, I think ADA/BTC is a great coin.
However, to start a new cycle (second degree wave count) ADA first needs this correction.
After this, the new cycle can start, confidence and FOMO will rise and ADA will go up.
Just have patience and don't trade it right now.
#happytrading
#love