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If we look on the 4 hour chart of Cardano cryptocurrency, it seems there is a deviation between the price movement with Stochastic Oscillator indicator, so that eventhough currently there are Golden Cross between EMA 20 & EMA 50 but Cardano has the potential to continue its weakness to break below EMA 200 as well as level 0.68425. If this level successfully broken donw and if the momentum and the volatility supporting enough, then it is not impossible that the next level to be aimed is 0.58049, however if on the way to those target levels suddenly Cardano return to the initial bias and managed to break above the level 0.80905, then the weakness and the downward scenario that has been described previously will be invalid and cancel itself.
(Disclaimer)
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
