Hey trader!
Cardano has completed a triangle and has recently broken down. Cardano had a really good support level at 1.023 which was recently broken. This means that Cardano does not have a newer level to get support from. In other words, Cardano will therefore make a bearish trend in the near future and form a new support with Fibonacci at 0.588 with a 30% drop.
Cardano has completed a triangle and has recently broken down. Cardano had a really good support level at 1.023 which was recently broken. This means that Cardano does not have a newer level to get support from. In other words, Cardano will therefore make a bearish trend in the near future and form a new support with Fibonacci at 0.588 with a 30% drop.