Cardano ADA VS USDT Analysis
Updated
4H previous candlestick showing three horsemen with an engulfing candle, bulls are gaining momentum and price action could turn bullish if we surpass current resistance level of FIb Retracement $1.7623(0.5) and Fib.Ext levels $1.80(0.618).
Symmetrical triangle with fully completes its price action heads above this current resistant level.
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Symmetrical triangle with fully completes its price action heads above this current resistant level.
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Note
Fib 0.5 broken, now will act as short term support area. Target level still remains same. oscialltors and rsi indicate bullish reversal which is further confirmed by crossing of EMA 50&100 above 200.
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