CARDANO DIP BEFORE LONG!

2 nov 2022

ADAUSDT
Hello and good morning/night depending on where you are reading this!
ADA has tried to consolidate and build support around the 0,41-0,3980 territory but from what I can see, it doesn't have enough momentum or volume to retest a new top. I think it will go back down to 0.37-0,36 territory before finally trying to for the 0,45++ and at this moment the trend on the 1 day and 1 hour timeframe is bearish and the trend signal is a short.
Do not take this as financial advice, I am just sharing my thoughts on it. I strongly think that we are going to see the upside, but not before building more support at the 0,37 territory.
What do you guys think as I am always looking for input and other angles! If you found this useful please consider liking :)
Have a great day :)

- The Stallion