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.
According to the count we had, waves 1, 2 and 3 were formed and now we are inside wave 4.
Wave 4 is a zigzag composed of this zigzag of waves a and b.
Wave a is formed in an almost normal structure and wave b is temporally unbalanced.
Anyway, now we are likely to be inside wave c, wave c will be in the form of a leading triangle according to the pattern it forms. We will have a canal roof and a descent again for wave 5.
The final target of correction is around the price of 0.800 and the beginning of the climb is known as the breaking of the purple channel ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
According to the count we had, waves 1, 2 and 3 were formed and now we are inside wave 4.
Wave 4 is a zigzag composed of this zigzag of waves a and b.
Wave a is formed in an almost normal structure and wave b is temporally unbalanced.
Anyway, now we are likely to be inside wave c, wave c will be in the form of a leading triangle according to the pattern it forms. We will have a canal roof and a descent again for wave 5.
The final target of correction is around the price of 0.800 and the beginning of the climb is known as the breaking of the purple channel ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️