Polkadot PLUS Cardano Elliott Wave Analysis, 9 Oct.
Polkadot (DOTUSD) and Cardano (ADAUSD) Technical Analysis Elliott Wave 4 Hour Charts
by Kittiampon Somboonsod
DOTUSD H4 Crypto Chart
Saturday 9 October 2021,15:52(UTC+1)
DOTUSD Elliott Wave Technical Analysis: Motive wave, Wave 5 Process
Probability: The price may drop again in Wave B or 2.
Wave Cancel invalid Level: 26.26
ADAUSD H4 Crypto Chart
Saturday 9 October 2021,15:52(UTC+1)
ADAUSD Elliott Wave Technical Analysis: Motive or Corrective wave Process
Probability: We notice an increase in 5 waves in the Diagonal pattern, indicating that
selling pressure is pushing the prices away. But the price increase in five waves It usually
follows a larger trend. Therefore, we expect the price to rise further after the correction wave
completes.
Wave Cancel invalid Level: 1.908
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Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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