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Автор Тема: Cardano continues the daily downtrend  (Прочитано 1595 раз)
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« : 28 Март 2022, 06:01:09 »

Cardano continues the daily downtrend



Cardano cryptocurrency recently reversed down from the resistance area located between the key resistance level 0.8330 (former support level which has been reversing the price from the end of February), 20-day moving average and the 38.2% Fibonacci correction of the downward impulse from last month. The downward reversal from this resistance area continues the active impulse waves 5 and (iii).To get more news about atfx, you can visit wikifx.com official website.

Given the clear daily downtrend and the worsening of the risk sentiment seen across the crypto markets today - (ADAUSD) Cardano cryptocurrency prices can be expected to fall further toward the next support level 0.7000.This market commentary and analysis has been prepared for ATFX by a third party for general information purposes only. Any view expressed does not constitute a personal recommendation or solicitation to buy or sell as it does not take into account your personal circumstances or objectives, and should therefore not be interpreted as financial, investment or other advice, or relied upon as such. You should therefore seek independent advice before making any investment decisions. This information has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. We aim to establish and maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. The market data is derived from independent sources believed to be reliable, however we make no representation or warranty of its accuracy or completeness, and accept no responsibility for any consequence of its use by recipients. Reproduction of this information, in whole or in part, is not permitted.
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