Hey Trader!

In this analysis, I want to show that Cardano has the potential to form a cypher pattern . If Carsano succeeds in gaining support at strong support level 0.907, it could trigger a bullish trend . This trend can develop into a new all time high and thereby make a new peak. But it is important to emphasize that Cardano most likely will fall and not break strong support.

I hope you were able to draw inspiration from my analysis!