Ada after retest of resistance line can to fall to support area
618
Hello traders, I want share with you my opinion about Cardano. On the chart you can see how the price broke through the resistance area and continue to rise to level 0.4210. After that, the price turned around and started moving down. Now the price is close to the resistance line and may rise and test it. After a possible re-test of resistance line, price can continue to fall and reach the support area 0.3890-0.3855. The chart also shows that the target for Cardano coincide with the Fibonacci levels 0.618 and 0.5. Please share this idea with your friends and click Boost on TradingView, link below🚀
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.