Since MID July Cardano was in a correctional downtrend. It already broke the falling wedge triangle earlier today on the 4H chart. If it can hold its pace we might see an elliottwaves formation in the next 2 to 3 days. RSI is at 48 and MACD also looking good for the time being. A little volume spike might improve the energy of the reverals trend.
Entry Zone : 1683 sats - 1790 sats Stop Loss : 1480 sats
Potential Targets : T1 : 1902 sats T2 : 2037 sats T3 : 2147 sats T4 : 2256 sats T5 : 2412 sats Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
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We achieved our first target and looking forward for a correction for some time now. After it corrects 3rd wave will start to the 2nd fib level at around 2037 if volume showed some spike.
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