ADA could be bearish in short term(reverse cup & handle)

5 Nis 2022

In my opinion ADA is making a bearish pattern. If price goes down to around $1.16 and then goes up, we will see a reverse cup and handle on the chart.
So I suggest create an alert around $1.16 to watch if the price goes up.

Note that this is not a financial advice. So always do your own analysis before taking any action.