Analysis of ADA time form 4 hours
The price of Cardano is now 0.55$ and after the correction of 14% this morning, it was expected that the following candles would fall with this whale candlestick, but by hitting the 25-day average line and the Fibo level of 0.5, it was met and supported. Cardano may be up to a level. The important support level is $0.46, which is close to Fibo 618, and this area has many buy orders and is difficult to lose. If we lose this level, we will see a stronger correction. Of course, targets 1 and 2 and 3 are completely available and in case of support at this point and even a lower level reaching them is not out of mind.
#ADAUSDT
The price of Cardano is now 0.55$ and after the correction of 14% this morning, it was expected that the following candles would fall with this whale candlestick, but by hitting the 25-day average line and the Fibo level of 0.5, it was met and supported. Cardano may be up to a level. The important support level is $0.46, which is close to Fibo 618, and this area has many buy orders and is difficult to lose. If we lose this level, we will see a stronger correction. Of course, targets 1 and 2 and 3 are completely available and in case of support at this point and even a lower level reaching them is not out of mind.
#ADAUSDT