Cardano had hit target at purple 4.236 and was ready for retrace.
Then came the BTC short squeeze which brought all ALT/BTC down.
ADA had one of the best recoveries, and is holding initial support well.
Purple 2.618 was the expected retrace even without BTC pump (4.236 to 2.618 is common).
Green 5.618 is now acting as support from higher timeframe, but its influence might not last.
Purple 3.236 should offer secondary support, but if broken then lower zones come into play.
Bigger picture, I am still optimistic about hitting the second and third targets on this plot
Then came the BTC short squeeze which brought all ALT/BTC down.
ADA had one of the best recoveries, and is holding initial support well.
Purple 2.618 was the expected retrace even without BTC pump (4.236 to 2.618 is common).
Green 5.618 is now acting as support from higher timeframe, but its influence might not last.
Purple 3.236 should offer secondary support, but if broken then lower zones come into play.
Bigger picture, I am still optimistic about hitting the second and third targets on this plot

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
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
