Elliott Wave Technical Analysis: Cardano-USD, Monday, Feb 13
February 13, 2023 at 03:00 AM EST
Cardano is likely to reverse in Wave II after price fails to cross the MA200, which is a key resistance. Wave retracement ((2)) is usually .50 or .618 x wavelength ((1)) at 0.3058 at completion. The price will return to the main trend in wave III.