I will share with you another long study about ADA CARDANO .
👉🏼 We have a weekly chart on the screen.
From left to right, see that we are inside a marked by Fibonacci zones.
By touching the 100% level the asset formed the pattern.
👉🏼 Note that the asset loses the EMA21 at the bottom of the, crosses over it and on the handle retests the 21 as a support.
👉🏼 Shortly thereafter there is a bull run in asset prices of 770%
💡 Realize that we have closed a loop there and that the same pattern starts over again.
1-Touch the 1,168% fiber line
2-Cup and handle
3-Loss of 21 in the background
4-Breakthrough of 21 upwards
5-Retest the 21 on the handle.
Will we see a new Bull Run in ADA CARDANO?
If so, the target is the next 200% fibo level near $15.
And what do you think of this idea?
I hope I helped in some way.
Leave your like please and comment your opinion!
⚠️Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
CLICK DOWN HERE!
Most Related Links :
todayuknews Governmental News Finance News