Cardano’s reversal from 23.6% level can inflict drawdown towards this range

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Cardano’s reversal from 23.6% level can inflict drawdown towards this range

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano’s [ADA] recovery over the last nine days tested the 23.6% and the 38.2% Fibonacci resistance levels. However, the recent liquidations have pulled ADA below its 20 EMA (red) and the 50 EMA (cyan) […]

Original source: AMB Crypto