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Hello traders, Cardano in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the latest count that we did, waves 1, 2, and 3 were formed, and ... wave 4, wave 4, as we said before, has a zigzag-shaped structure, and from this zigzag, wave a is formed in a triangular shape, and wave b has a zigzag structure, but in terms of time, the ratio To other waves it is abnormal.
The ratio of wave a to the wave c has been equal in terms of time, structure and amount of downward motion.
Wave c, like wave a, forms a triangle, and this triangle is finished.
In our opinion, this recent ascent is related to microwave 1 of wave 5, which has broken the upper side of the triangle to some extent, but there is still a trend in this area, which will probably be related to microwave 2.
After breaking the upper side of the triangle, the ascending motion will be confirmed for microwave 3 and will move to the next area, ie around 2.00, and if this area breaks, wave 5 of wave 5 will also be confirmed and the ascending process will continue to 3.665.
If the end of wave 4 is broken, this possibility is fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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