$ADA/USDT 2D (#BinanceFutures) Descending channel on resistance

Cardano is facing 50MA / supply zone where it is likely to be rejected and resume the downtrend.
Current Price= 1.0813
Sell Entry = 1.0801 - 1.1777
Take Profit= 0.8446 | 0.6277 | 0.4231
Stop Loss= 1.3572
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.09
Expected Profit= +25.18% | +44.40% | +62.34%
Possible Loss= -20.22%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 5 months
Tags: #ADA #ADAUSDT #Shelley #Alonzo #DPoS #PoS #SC #BSC #BC #DApp
Website: cardano.org
Contracts:
#Mainnet
#BEP20 0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
#BEP2 ADA-9F4
Current Price= 1.0813
Sell Entry = 1.0801 - 1.1777
Take Profit= 0.8446 | 0.6277 | 0.4231
Stop Loss= 1.3572
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.09
Expected Profit= +25.18% | +44.40% | +62.34%
Possible Loss= -20.22%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 5 months
Tags: #ADA #ADAUSDT #Shelley #Alonzo #DPoS #PoS #SC #BSC #BC #DApp
Website: cardano.org
Contracts:
#Mainnet
#BEP20 0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
#BEP2 ADA-9F4
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