Cardano analysis of the 4-hour time frame
The price is now 0.516 dollars. Considering the price support in the Fibonacci area of 618 and the price reversal, it is expected that target 1 will be touched easily with a profit of 5%, and if the resistance of 0.54 is broken, we will see target 2 being touched.
Pay attention to the Fibonacci sub-zone, which in case of failure, we will have a fall to the accumulation zone.
Technical analyst: Amir Hassan Salek
The price is now 0.516 dollars. Considering the price support in the Fibonacci area of 618 and the price reversal, it is expected that target 1 will be touched easily with a profit of 5%, and if the resistance of 0.54 is broken, we will see target 2 being touched.
Pay attention to the Fibonacci sub-zone, which in case of failure, we will have a fall to the accumulation zone.
Technical analyst: Amir Hassan Salek