Bearish channel intact approaching a Low. Short.

2018년 8월 9일

Cardano traded for a few days within our projected Rectangle, which was broken yesterday to the downside. So far 1D has found support exactly on the estimated 0.107614 horizontal line right before hitting the TP1 = 0.099141 (December 11th, 2017 low). I expect 1D (RSI = 34.197, Highs/Lows = -0.0156, B/BP = -0.0353) to create another curve pattern that will reach its bottom near our TP2 = 0.078501 (Dec 08, Nov 30, 2017). That will be a Lower Low on the 1W Channel Down for ADAUSD, so expect a rebound from there.