ADAUSD ❕ The price is oversold, but there is no support
Cardano is moving in a downward channel.
Trading volumes show interest in falling prices.
The 100MA has broken down the 200MA on the 1H Timeframe.
I expect the price to test the lower boundary of the liquidity zone, but after fixing under it will continue to decline.
Trading volumes show interest in falling prices.
The 100MA has broken down the 200MA on the 1H Timeframe.
I expect the price to test the lower boundary of the liquidity zone, but after fixing under it will continue to decline.
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