CARDANO (ADAUSD): Very Bearish Setup Explained

٩ مايو ٢٠٢٣

ADAUSD formed a huge head & shoulders pattern on a daily.
Forming the right shoulder, the price also made a descending triangle pattern.

Both the triangle and the h&s had the same neckline.
It was broken yesterday and a daily candle closed below that.

I believe that the coin may drop lower now.
Goals: 0.346 / 0.325

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