BINANCE:ADAUSDT   Cardano / TetherUS
Hello everyone! As you guys can see in the chart, Cardano is having a hard time going up since it's highs in the beginning of September. It tried to break above 200 EMA twice and failed, forming a double top. It also formed a very strong support zone around $2.35. But as it jumps, it gets beaten down right back. As strong as the support line is, I believe that Cardano is going to break it and head back to test lower levels. Hope this helps!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.