As you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target
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Dont forget to put the stop loss
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In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
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Dont forget to put the stop loss
and
In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian