CARDANO - UPDATE ON THE CORRECTION
Hey everyone,
Quick update on the Cardano chart. It seems that ADA formed a bearish pattern once again with the head and shoulders formation. The target will be 2.29$ which coincides perfectly with the Fibonacci golden pocket. That's where I'll be looking to re-accumulate compared to my previous analysis.
If the current head and shoulders become invalid, you can look at 2.56$.
Yours truly,
Aloo2k
Quick update on the Cardano chart. It seems that ADA formed a bearish pattern once again with the head and shoulders formation. The target will be 2.29$ which coincides perfectly with the Fibonacci golden pocket. That's where I'll be looking to re-accumulate compared to my previous analysis.
If the current head and shoulders become invalid, you can look at 2.56$.
Yours truly,
Aloo2k
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Related publications
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.