Just like Sleeping Beauty, Cardano is lying asleep, trapped in a green thicket represented by the green zone between $0.2767 and $0.9355. Here, the altcoin still has to finish wave 2 in green, which it should accomplish no later than the bottom of the green zone. Then, Cardano should get kissed awake and rise from the shrubbery, heading for the resistance at $1.64.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
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.