I've got some intriguing insights on Cardano's current chart dynamics. 📊✨ The price is about to complete an bullish contracting triangle. According to my primary analysis, I believe we might be in for a deeper C-wave, especially if the intraday low is breached and the price dips below $0.355. 📉
Why am I leaning towards the primary scenario? The same distance B extended above the starting point of the correction suggests that if C surpasses A, we could be looking at a 50% Fibonacci extension.
Alternatively, if (e) is already in play, breaking the $0.41 level could be a game-changer. 🎯