Hello to everyone,
As you know, Cardano has proven itself with its infrastructure and great bull period since entering the market, and now it is the fifth largest trading after Bitcoin .
Like all the coins, Cardano has suffered a great deal during the month of the month we spent in the great correction of Bitcoin . But in the past days, Cardano's increases and movements in buying and selling transactions signaled the future of cure for wounds that opened. Cardano's April and May are also two important news.
As you can see from the chart, Cardano has a small spark waiting for the 0.786 Fibonacci level.
Although I am afraid that Bitcoin may be affected by possible declines, I leave a 10% flexion compared to previous levels.
In this way, purchase orders from 0.00002-0.000024 sats band for long-term investors will be ideal.
, which I pointed out on the chart, shows us our route map.
Investors who want to act early and grab profit from these points can take the profit at the place where Cup is formed after a strong breakout and wait for Handle to form. After Handle, our target will be 0.00004679 sats , which is 0.5 Fibonacci level.
What I share is definitely not investment advice. Please do not trade without doing your own research.
Take care of yourself.