Hello, dear cardinalists, and welcome to the first analysis of the ADA! We're going to check the Cardano at the bottom, the trend is down, and we're going to be the bear of the story. Of course, all in all Cardano is suffering which makes us suspect that there is going to be an extreme move.

What's the scenario now? Wait for the ADA to go to the area (۰ 0.8), play a little stop-phishing and go ahead and go. We've seen a good bearish reaction, we'll open the shorts deal. If the downward trend was strong, hold the deal, but if the trend was weak, close the risk to riverd 1-2 or 1-3 close the deal.

Your stop is over the range, which is ۰ 0.84.

Now what's the opposite scenario? The price comes and it's very intense and stylish and it breaks the area upwards, then it pulls the pole and goes to go. We've seen a good upward reaction, we'll open the long deal. If the upward trend was strong, hold the deal, but if the trend was weak, close the risk to riverd 1-2 or 1-3 close the deal.

Your stop is below the range of ۰ 0.78.

Speech by the elders Changpeng Zhao: never be afraid of challenges, because they are opportunities to grow! Don't forget about risk management.