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Cardano Can Retest December 2023 Highs

Long
Cardano (BINANCE:ADAUSD)  
ew-forecast Mis à jour   
BINANCE:ADAUSD   Cardano
Trend Analysis Chart Patterns Wave Analysis Cryptocurrency cryptos altcoin cardano adausd Bullish Patterns impulse Technical Analysis Elliott Wave
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trendanalysis chartpattern waveanalysis cryptocurrency cryptos altcoin cardano adausd bullish impulse technicalanalysis elliottwaves
Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs.
Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
Commentaire:
Cardano is back to December 2023 highs as expected!
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