Cardano's popular currency has been trading for a period of 9 weeks at a short price interval of 0.97 to 1.4, and with the candle of May 21, 2021, it went out of this range and in the last two weeks, it has moved 0.895.
It is currently located at the resistance level of 1.00 Fibonacci channels.
Due to this high-momentum distance, correction in the form of a return to the broken surface in the weekly timeframe in the form of a foot will be probable, because Kendall correction is formed in the daily time form, and I expect a correction in the form of a wave.
$ 2 support
$ 1.5 support
Coming soon $ 7.5
Thanks for your support and feedback
It is currently located at the resistance level of 1.00 Fibonacci channels.
Due to this high-momentum distance, correction in the form of a return to the broken surface in the weekly timeframe in the form of a foot will be probable, because Kendall correction is formed in the daily time form, and I expect a correction in the form of a wave.
$ 2 support
$ 1.5 support
Coming soon $ 7.5
Thanks for your support and feedback
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