trader-123456

Cardano is losing its footing.

Short
trader-123456 Updated   
BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
ADA is under support, if a predator sees a weakness, it will try to attack.

Trade active:
Eagle vision to recognize prey on the ground from a height of 5 km.
ADA failed the retest and began to bleed, so it was certain that an attack would occur.
Comment:
There may be a retest before moving down, I would like to share a positive idea for ADA fans, but I will always state what I see on the chart.
There are a lot of false moves in the current market (there may also be a pullback above support and a subsequent dump later), but I have no reason to change the target yet.
Comment:
ADA shows weakness and begins to bleed. The eagle's laser vision has already registered this weakness and is preparing to attack if it sees more blood.
Comment:
This setup makes sense to me so far, the deeper we go the bigger the profit if a bear market rally starts.
I understand that this is not pleasant for investors who bought at higher values, but a year ago I warned where the last exit option would be.
It is no longer easy to predict at these levels.
Comment:
ADA tried to escape above the 0.330 support, retailers are already bullish again as they have seen green candles, but they are likely to become eagle food again soon.
A point below resistance is not suitable for buying.
Comment:
In the log graph, the reflection could be expected.
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