Ada 'Cardano' Analysis
Currently Price is consolidating in 1$-1.60$ area since December, Price reached a powerful daily and 4hr resistance and could not broke this area so it went back to retest the golden zone , we did see a 3 black crow pattern which show us the bearish movement and a bearish engulfing pattern that lead to broke the golden zone and switched it from a support level to resistance level , for now if we broke it up we will go up to 1.44$,1.52$,1.60$ if price could not broke we will go the support area 1.25$ -1.31$ .
Note: Golden Zone = FIbonacci 61.8%-50%
Note: Golden Zone = FIbonacci 61.8%-50%
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