BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
Trading within a Corrective Channel formation.
The medium term bias remains bearish .
A break of 0.03720 is needed to confirm follow through negative momentum.
The formation has a measured move target of 0.01644.
Further downside is expected, however, due to the strong support below we prefer to sell a break of 0.03720, which will confirm the bearish sentiment.
Expect trading to remain mixed and volatile.

Sell a break of 0.03720
Stop: 0.04080
Target 1: 0.01660
Target 2: 0.0100

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