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ADA bearish flag in short-term

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BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
#ADA/USDT
$ADA shaped ascending channel and price is between the middle line and lower line.

🐻 this channel can act as a bearish flag pattern and possible drop price toward long-term support zone around $0.41 which is the same with the broken line of the falling wedge.

🐻🐮 if price holds the support zone then possible to head up again to shape an inverted head and shoulders.


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