Short opportunity after Lower High test
Cardano / Dollar (calculated by TradingView) BINANCE:ADAUSD
Cardano complied to the Lower High scenario of the Higher resisting trendline (seen in yellow) and made a Higher Low near 0.24000. Now the underlying bearish trend of the 1D Channel Down ( RSI = 43.365, ADX = 35.936) will push for a Lower Low and our target is 0.1443. Eventually a test of the 1W support = 0.1217 has to take place.