$ADA Breakout | TP1: $2.32 | TP2: $3.15 | Final Target: $9.81

7. Nov. 2021

ADA is coming off of a large correction. It didn't retrace to the 1.618 from the previous ATH, but it came pretty close. The final macro ABC corrective wave ended right around the same level as Wave_4 of the macro motive wave (which aligns with one of the guidelines using Elliot Wave Theory). I analyze that we have hit the bottom of the correction on 27-October and ADA is starting to rebound. We're just getting started with another macro motive wave. Hold on tight! RSI Divergence and MACD indicators are showing similar signs...

ADA could go all the way to $9.81 by end of the bull-run.