Hi guys Today I want to analyze cardano for short term before close of weekly candle so it is my prediction and maybe it is not true! I have 3 scenario :
1- Yellow path : cardano will has a bit retracement and again move to break this downtrend channel
2-Green path: cardano will break the channel and after pullback to top of the channel go for new ATH
3- Red path : cardano will move down to touch the bottom of channel
Please pay attention to hidden divergence on RSI
1- Yellow path : cardano will has a bit retracement and again move to break this downtrend channel
2-Green path: cardano will break the channel and after pullback to top of the channel go for new ATH
3- Red path : cardano will move down to touch the bottom of channel
Please pay attention to hidden divergence on RSI