Cardano ADAUSDT - Entered bearish territory + Head and Shoulders
- Cardano is not looking good at this moment.
- We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021.
- Head and Shoulders pattern just broke down with strong momentum!
- Also the impulse Elliott Wave finished with 5 waves successfuly.
- The price is below the main trendline established in March 2020.
- Next support is 0.39 USD, which is another drop about 63%.
- We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021.
- Head and Shoulders pattern just broke down with strong momentum!
- Also the impulse Elliott Wave finished with 5 waves successfuly.
- The price is below the main trendline established in March 2020.
- Next support is 0.39 USD, which is another drop about 63%.
