Hi Everyone,
Cardano(ADA) had a price correction after its ATH but can observe a stable growth in an ascending channel even during a market crash.
ADA has tested its resistance level 1.8 area twice and has created an ascending triangle pattern.
Price level 1.4-1.5 level can be the next support area for ADA as per the triangle and Fib retracement if ADA is unable to break the current resistance level.
However, in short term, ADA has a possibility of reaching 2.4 or the next ATH.
Open for reviews, opinions, and feedback.
Cardano(ADA) had a price correction after its ATH but can observe a stable growth in an ascending channel even during a market crash.
ADA has tested its resistance level 1.8 area twice and has created an ascending triangle pattern.
Price level 1.4-1.5 level can be the next support area for ADA as per the triangle and Fib retracement if ADA is unable to break the current resistance level.
However, in short term, ADA has a possibility of reaching 2.4 or the next ATH.
Open for reviews, opinions, and feedback.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.