Hi guys today we are going to look at Cardano aka the Spartan of this bull market right now!
Cardano doesn't seem to have any stop right now, but when you look at the 20 and 40 EMA it looks a tad bit over extended with this two day pump we have had. It has some support at 2,2 on the shorter time frames but highly doubt that will hold, as of right now I think ADA will hit 2,4 and then retest the 2 dollar support before a another big pump! It also ripped through the new 1,618 on the FIB extension.
I would look at a little pull back before heading to 3 dollars!
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Let me know what you guys think! Let me know in the comments!
Cardano doesn't seem to have any stop right now, but when you look at the 20 and 40 EMA it looks a tad bit over extended with this two day pump we have had. It has some support at 2,2 on the shorter time frames but highly doubt that will hold, as of right now I think ADA will hit 2,4 and then retest the 2 dollar support before a another big pump! It also ripped through the new 1,618 on the FIB extension.
I would look at a little pull back before heading to 3 dollars!
Enjoyed the analysis? Like! Want to see more? Follow!
Let me know what you guys think! Let me know in the comments!
