Cardano's price Analysis
Nothing has changed in its price.
Price is still trading in its accumulating zone and still moving in its downward parallel channel.
It could be forming a cup and handle pattern.
By measuring the height of the cup or measuring the height of the parallel channel. The next possible target is the same as mentioned as the next possible ATH. To check this I even used Fib extension and it shows the same target.
Still sharing support and resistance area along with possible next ATH.
Note: these are just my observation. Kindly #DYOR
Price is still trading in its accumulating zone and still moving in its downward parallel channel.
It could be forming a cup and handle pattern.
By measuring the height of the cup or measuring the height of the parallel channel. The next possible target is the same as mentioned as the next possible ATH. To check this I even used Fib extension and it shows the same target.
Still sharing support and resistance area along with possible next ATH.
Note: these are just my observation. Kindly #DYOR
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.