Given the lack of bullish momentum at the 50% retracement, I'm looking at Cardano making a further drop from the current descending triangle formation.
Note
It is quite possible that we'll reach $0.1786, if we do, it will be a very fast bounce off that price.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.