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 have been completed and now the trend is inside wave 4.
Wave 4 is zigzagged, and from this zigzag , waves a and b are completed, and wave c is probably incomplete.
The count we had for wave c in the lower time was not normal at all, but it is shorter than wave a in terms of time, so we think wave c will continue and decline until the price of 1.00, and then start climbing for wave 5.
But if the bottom of the canal is broken upwards, it must be prepared for upward movements.
🙏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 have been completed and now the trend is inside wave 4.
Wave 4 is zigzagged, and from this zigzag , waves a and b are completed, and wave c is probably incomplete.
The count we had for wave c in the lower time was not normal at all, but it is shorter than wave a in terms of time, so we think wave c will continue and decline until the price of 1.00, and then start climbing for wave 5.
But if the bottom of the canal is broken upwards, it must be prepared for upward movements.
🙏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!❤️