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You can see the popular Cardano currency in the 4-hour time frame.
Now it would be a good place for us to have an analysis of this currency.
In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag pattern.
In the 4-hour time frame, a descending channel has broken upwards, and an important supply area that has prevented price growth twice has also broken upwards. This is a sign of aggressiveness and significant upward movement.
Bitcoin is very bullish and Cardano shows signs of further growth.
Look for opportunities to enter buy positions in the demand areas drawn on the chart.
The short-term targets are 0.61 and 0.64, and the long-term target is 0.83.

You can see the popular Cardano currency in the 4-hour time frame.
Now it would be a good place for us to have an analysis of this currency.
In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag pattern.
In the 4-hour time frame, a descending channel has broken upwards, and an important supply area that has prevented price growth twice has also broken upwards. This is a sign of aggressiveness and significant upward movement.
Bitcoin is very bullish and Cardano shows signs of further growth.
Look for opportunities to enter buy positions in the demand areas drawn on the chart.
The short-term targets are 0.61 and 0.64, and the long-term target is 0.83.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。