Cardano looking to dip lower after a brutal red candle. There is a pennant forming with a .5 level just above. It hasn't been following any BTC pumps lately, so I don't expect bitcoin to interfere with this breakout. If the price does break down I see it going down to at the very least 1.8 (the next fib level), though it's not unlikely that it will go lower.
I am starting to see some light at the end of the tunnel on the charts. However, if you've had your money tied up in ADA and been unwilling to take a loss, you've missed out on some tremendous runs; there's been almost no other Top 50 crypto as poorly performing as ADA, lately.