Alikze »» ADA | Upward wave 3 scenario - 12H
2024-10-21

🔍 Technical analysis:  Upward wave 3 scenario - 12H 

- In the  analysis presented earlier  in the weekly time frame, after the correction in the green box, it is currently in the range of the green box, which can continue its upward trend if it stabilizes above the green box.

- In the 12-hour time frame, it is moving in an ascending channel, so far it has reacted positively to the dynamic trigger of the bottom of the channel several times.

- Currently, a motivational wave has been created in the area of ​​the bottom of the channel, which can continue its advance until the middle of the channel and the supply area.

💎 According to the previous zigzag movements, the recent correction in the bottom of the channel has been a response to the AB=CD movement cycle.

 ⚠️In addition, if the Invalidation LVL area is touched, the ascending scenario is invalidated and must be updated again.⚠️ 
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