Hey Trader!
In this analysis I will show you why I think Cardano will fall very soon. Since all time high at level 3.100 we have seen a pattern in a bearish trend. Since then, there have been several resistance and support levels where the vast majority of support levels have been broken at 1.917, 1.191, 1.071, & 0.920. The strong support level at 0.907 has yet to break very soon. Because Cardano is moving in a triangle that is developing so bearish, we will soon see the results of a bearish trend where the price will drop to 0.316 (using Fibonacci)
I hope my analysis inspired you!
In this analysis I will show you why I think Cardano will fall very soon. Since all time high at level 3.100 we have seen a pattern in a bearish trend. Since then, there have been several resistance and support levels where the vast majority of support levels have been broken at 1.917, 1.191, 1.071, & 0.920. The strong support level at 0.907 has yet to break very soon. Because Cardano is moving in a triangle that is developing so bearish, we will soon see the results of a bearish trend where the price will drop to 0.316 (using Fibonacci)
I hope my analysis inspired you!