Cardano short term reversal

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Hello fellow traders,

1.This is my prediction on the 8 hr chart for cardano. I believe we might see a slight pump in the crypto space because at the moment we are oversold and in every bear market its never a straight shot down and we are currently trading on the lower side of the channel
2.Let me be clear with the fed expected to continue to raise interest rates and inflation to continue to be a issue i dont see any permanent reversals anytime soon.



snapshot

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