MonoCoinSignal

The Market Trend Has Recently Shifted Downward

BINANCE:ADAUSDT   Cardano / TetherUS
In the 4-hour timeframe of ADA, we previously observed an upward trend, which warranted the drawing of an ascending trendline.
However, the market trend has recently shifted downward, confirmed by the breaking of the first significant support, known as the blue box.
This area, previously recognized as the main support, has failed to prevent a price drop, resulting in a significant decrease in Cardano's price.
Given these conditions, the downtrend is expected to continue, and any price increases should be considered temporary and minor.

🥇Join our free Telegram channel and claim your trial ➜ t.me/monocoin_public

🥇Enjoy a 7-day free trial of our services with Cornix

👤Admin ➜ t.me/monocoin_admin
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.