Altsignals

CARDANO - Bearish Pennant?

BINANCE:ADAUSDT   Cardano / TetherUS
ADA went through a dive recently but it appears its not over. Price looks to be forming a bearish pennant for another move lower. We could be in for a deeper retracement before we move any higher.

Looking for one more move up to finish wave E of the bearish pennant and then a drop to atleast the 1.90 level as first targets.

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