CardanoLong
$ADA just hit 3.618 fib @ $2.92
As I'm reading Fibonacci Analysis by Constance Brown, I'm practicing using fibs as she did during her successful career. As I was messing around, I realized that ADA was hitting perfectly on two fibs that I was able to draw. I'm not yet to the part that allows me to predict where it's heading, but just wanted to share this!
I found two confluence zones where there appears to be solid support/resistance. One is down at $1.83 at the bigger .618 fib (and smaller 1.618 fib), and one at the next target if support is found at $2.38. If ADA find support at $2.38, which it looks like it's heading there to confirm right now, it could try to reach for the confluence zone at $3.26!
I found two confluence zones where there appears to be solid support/resistance. One is down at $1.83 at the bigger .618 fib (and smaller 1.618 fib), and one at the next target if support is found at $2.38. If ADA find support at $2.38, which it looks like it's heading there to confirm right now, it could try to reach for the confluence zone at $3.26!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.