Altsignals

CARDANO - Limited Bullish Potential ⚠️

BINANCE:ADAUSDT   Cardano / TetherUS
It is very possible that we may have seen the all time highs for Cardano for the time being. We are seeing an ascending correction which is almost identical the ascending correction we had at the start of September which resulted in a drop of over 30%.

Will be looking to take Cardano down to atleast the 2.20 level. Watch for bear flags on the lower timeframe to for an entry.

Have a look at our educational post on identifying Flag Patterns and how to trade them - see linked chart.

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