AT THE MOMENT OF WRITING UTC+3 TIMEZONE 22FEB. daily candle havent forment yet.IF and it is a big IF we close above 0.5 fibonacci retracement level we might have huge runon this.Fibonacci extensions are visible on chart so is my price target. Not financial advice.DD do your research
Lots of people saw cup and handle pattern in 4 hr timeframe but volume is not there to make a breakout.If taking last 24 hours into account i see double Top which is bearish pattern.With alll these things said it will go to support zone 0.88$ then volume with momentum will decide direction
After running into 1$ region ADA started minor correction. Volume being relatively low DOOM AND GLOOM predictions are off the chart.4 hr timeframe chart started to form Bullflag.Once it breaks theupper channel we might see Short to medium term Run to 1.1-1.3$ target - Not a financial advice.DO your own research!
Hey traders! In 1D timeframe analysis of #NIO we saw correction which is seen in FIbonacci retracemen t.Its holding above 0.5 level.Volume is significantly lower compared with last 2 weeks which also supports healthy correction opposed to huge sellof .Descending triangle in "uptrend" probabilistically is Bullish! I added Fibonacci extensions for my target price...