If Cardano (ADA) fails to hold its current swing low (around 55 cents), its price could drop to the 47.3 cent level.
"If it can't, the risk for one more high obviously increases and for one more low increases and we could aim for um the 47.3 cent level in one more low."
For Cardano (ADA) to confirm a breakout, it would minimally need to break above 82.5 cents.
"that would require um well minimally a break above 82 1/2 cents which is the swing high from the 10th of October where all this selling pressure came in."
