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RE: Cardano ADA April 17 Elliot Wave Technical Analysis - Correction In Play
Hi Phil
Would there be a difference in charting in BTC vs USDT? EW count fits well with BTC (your chart), but in USDT, it implies that there is a bit more room to go to the 1.618 Fib Level. My chart in ADA/USDT below to hopefully give you an idea of what I'm trying to convey (excuse the mess and newbie attempt).
Ive laid out two scenarios, yellow being continuation to 1.618. Orange is correction after completion of main ABC correction.
On another note, apart from listing on a new exchange, ADA now is using USDT as a trading pair on Binance as of today, which may also contribute to the pump in volume today.
Appreciate your thoughts, especially your tutorial content.
Cheers