Priceline of Cardano / US DOLLAR crypto currency is forming a shark pattern.
This time I am watching some confliction between indocators and harmonics, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are still strong bearish.
MACD is still strong bearish.
RSI has still some cushion to move in oversold zone
However I have posted the shark pattern as all legs are formed exactly required for shark so last leg can be possibly formed accordingly.
As per Fibonacci sequence the targets are:
Buy between: 0.04315 to 0.02760
Sell between: 0.05788 to 0.08991
Regards,
Atif Akbar (moon333)