Cardano: Trend Reversal into Bearish Bias, Short Opportunity?

BINANCE:ADAUSDT   Cardano / TetherUS
Technical Analysis

ADAUSDT made a Double Top Pattern. Furthermore, ADAUSDT has broken out of the neckline Double Top . The Breakout could indicate a possible reversal or continuation. MACD Indicator also formed a death cross, indicating a potential bearish movement to the target area.

All other explanations are presented in the chart.

The roadmap will be invalid after reaching the target/ resistance area .

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position in the Cardano /ADAUSDT"

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Trade closed: target reached:
Achieved Target 2, Never Thought It would reach the target so soon!


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