Some quick thoughts on Cardano.
Bullish scenario: If we can breakup out of this descending channel then I will be looking for us to turn the 0.618 into support for further continuation up to resistance at the 0.786.
Bearish scenario: Continue with the descending channel and create a lower low at the 0.5.
Bullish scenario: If we can breakup out of this descending channel then I will be looking for us to turn the 0.618 into support for further continuation up to resistance at the 0.786.
Bearish scenario: Continue with the descending channel and create a lower low at the 0.5.