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firmestudio
Apr 6, 2023 5:02 PM

Not interested in buying Cardano coin Short

Cardano / TetherUSBinance

Description

Highly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone.

Technicals:

* ABCD reciprocal .886:1.128;
* Fisher Transform bearish cross / bearish divergence;
* Chaikin Money Flow bearish divergence; 100MA x 100EMA cross;
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