Cardano Prepares For Correction (20% to 38%)

Looks like Cardano (ADAUSD) is also on the bearish path and a strong correction likely to form.

It has already moved below MA200.
The last support is set at $1.81.

Below this level, we can see additional 20% to 35%+ drop.

All the weak hands will be removed.
We become stronger after the correction.

Thank you for reading.

Namaste.

Comment:

This one is also going perfectly as charted.
Enjoy.

Trade closed: target reached:

Just a little longer and we hit our target.