Cardano dropped to the rising supporting helpline (yellow). Soon we will know what shortterm trend we see next. A breakout below most likely would result into a dip back to 0.95$. A breakout on the upside most likely would result into a retest of the newly made ATH.
Enjoy the ride and don't be too greedy.
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ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only.
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