Based on this technical analysis, we could see that Cardano is moving in the Descending Channel that Formed in 4H Timeframe.
I also put the potential downside target from the Fibo Level, all I can say is, if the market broke the 61,8% Fibonacci.
Usually the market will test to the same level when they first begin the thrust.
Disclaimer : Not Financial Advise
I also put the potential downside target from the Fibo Level, all I can say is, if the market broke the 61,8% Fibonacci.
Usually the market will test to the same level when they first begin the thrust.
Disclaimer : Not Financial Advise
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.