You can See that ADA(Cardano) Broke the downwardtrend and retestet the so established Support Zone,after Passing this longterm baerish downtrend.
This is a confirmation, that a Trend change is coming in.
usually this Trendbreak is followed by a V-Shape Retracement to the 50-61. Fibonacci Levels, where i put the Lines.
I think we will reach the Target Zone pretty fast.
This is a confirmation, that a Trend change is coming in.
usually this Trendbreak is followed by a V-Shape Retracement to the 50-61. Fibonacci Levels, where i put the Lines.
I think we will reach the Target Zone pretty fast.