fgolobovant

ADA/USDT still bearish?

Short
BINANCE:ADAUSDT   Cardano / TetherUS
ADA / USDT has been showing signs of correction for some time and, in my view, it will have continued with the first support test marked on the chart and if it loses, we will try the next support below with up to 45% of the loss of value.
Another possibility is a test on the first support to later try to escape the triangle with the value of 0.12 USDT as the first resistance.
The support zones fit well with the 0.618 and 0.786 Fibonacci retraction levels.

Ps: This is not a financial advice, always do your own research ...

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