AlanSantana

Cardano Challenges Critical Support = 50% Bullish vs 50% Bearish

KRAKEN:ADAUSD   Cardano
The Doji, which came up yesterday for ADAUSD, signals lack of momentum/indecision and also favors continuation at this point.

We see prices trading below EMA10.
This is a decision point.

Here we have a "critical support".
If this level break, we will see a strong drop.

At the same time, a reversal can happen anytime but the technicals are currently favoring the bears side.

Namaste.

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