Cardano
Short

Steady Channel Down. Kept below Resistance. Bearish.

734
Cardano is simply extending the Lower High of the 1D Channel Down on a sideways consolidation attempt (RSI = 48.879). Apart from that 1W remains a strong Channel Down (MACD = -0.036, Highs/Lows = -0.0089, B/BP = -0.0618), suggesting that on the long run there is no reason to change our shorts (TP 0.078501 (Dec 08, Nov 30, 2017) and 0.059995.

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