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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.