Cardano has been very strong since breakout.
But we really need a retrace to confirm supports.
Thus far we saw one leg pullbacks only, not 3 waves.
Currently at an important line: the Blue 2.618.
The 2.618 is often a strong support but was broken.
But even a once-broken 2.618 can form a "higher low".
Thus we can NOT be confident of Wave C happening.
.
This is an update to my ongoing anaylysis which started with aniticipated Breakout:
After the breakout, I had some near term targets which were hit and surpassed:
My last plot was expecting 1600 sats to be serious reistance, which proved correct:
Now watching closely for ABC to complete as normal, or to bounce off 2.618 and keep going:
But we really need a retrace to confirm supports.
Thus far we saw one leg pullbacks only, not 3 waves.
Currently at an important line: the Blue 2.618.
The 2.618 is often a strong support but was broken.
But even a once-broken 2.618 can form a "higher low".
Thus we can NOT be confident of Wave C happening.
.
This is an update to my ongoing anaylysis which started with aniticipated Breakout:

After the breakout, I had some near term targets which were hit and surpassed:

My last plot was expecting 1600 sats to be serious reistance, which proved correct:

Now watching closely for ABC to complete as normal, or to bounce off 2.618 and keep going:

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。