Cardano fibonacci retracement buy
This is the fibonacci retracement of the most recent bullish move and right now we are at the 236 level, which is the best place statistically to buy and expect a continuation of the bullish move if there will be one.
Initial target 29 cents there at the 1.618 if we do get bullish continuation. Low risk, high reward.
Ps: note some people draw fibonacci the other way around, so for others it wont be 236 fib but the 786 or w/e, basically the last fibonacci below which i would no longer consider this bullish.
Initial target 29 cents there at the 1.618 if we do get bullish continuation. Low risk, high reward.
Ps: note some people draw fibonacci the other way around, so for others it wont be 236 fib but the 786 or w/e, basically the last fibonacci below which i would no longer consider this bullish.
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