Cardano broke the 1D Channel Down (RSI = 46.845, Highs/Lows = 0.0078, B/BP = 0.0146) on a highly speculative move led by Bitcoin. I expect this bullish leg to fail under the pressure of the Cup's 0.171237 Resistance and resume the downtrend. In any case 4H remains mainly neutral (ADX = 25.115, CCI = 32.9889, Highs/Lows = 0) showing no signs of further uptrend for ADAUSD. Additional shorts have been added on 0.1580 with the targets intact: 0.099141 (December 11th, 2017 low) & 0.078501 (Dec 08, Nov 30, 2017).
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