Aksel_Rom

Cardano about to drop?

Short
BINANCE:ADAUSDT   Cardano / TetherUS
Cardano has just finished a shoulder head shoulder formation which means that Cardano is more than ready to do something very drastic. Cardano is in Sell right now and that is for a good reason. Cardano has a very weak support to help it raise. Cardano will go up to the resistance at 1.100 but then it will begin a bearish trend all the way down to 0.876. Below Cardano are some remarkably interesting support levels but it seems to be out of reach for now. We have seen some drastic drops before to compare with, but Cardano will drop around 20% the next few days to some weeks.

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