ADA's chart structure suggests completion of a five-wave upward sequence. The bullish scenario stays intact if support at $0.427 holds firm—that's the line in the sand for wave-(5) to potentially push higher.



Should we see a wave-2 retracement? Watch the zone between $0.421 and $0.388. That's where buyers might step back in. Price action around these levels will be telling.
ADA-0.11%
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GasFeeCriervip
· 12-07 10:46
We must hold the 0.427 line, otherwise, we'll have to take another loss.
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MeaninglessGweivip
· 12-06 22:45
If 0.427 can't hold, it's over. This wave analysis will have to start all over again.
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Betterforevervip
· 12-05 14:05
ADA’s chart structure shows that a five-wave upward move has been completed. If the $0.427 support level holds firmly, the bullish scenario remains valid—this is the key dividing line for a potential further advance in wave (5). Will there be a wave two correction? Please watch the $0.421 to $0.388 range. Buyers may re-enter in this area. Price action near these levels will be highly significant.
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SmartContractPlumbervip
· 12-05 13:01
This support level at 0.427 must hold, otherwise the Elliott Wave Theory will have issues.
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SpeakWithHatOnvip
· 12-05 12:46
If the 0.427 line gets broken, things might get tricky, but I feel like it can still hold.
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LiquidityWitchvip
· 12-05 12:45
If it breaks below $0.427, I'm done for. If it can't hold, I'll liquidate my entire position.
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BridgeTrustFundvip
· 12-05 12:38
We need to hold the 0.427 line, or else the Elliott Wave theory will be useless.
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