“Price is determined by trendlines , resistance and support.” This is a chart for swing traders. “Cardano is in a downtrend. In the last month it was showing signs of a reversal. Leading indicator 8/21 EMA was showing promise of a reversal, but it was a false positive. There was an indication of an “early buy” (i.e. candles above the 8 EMA ), but it is now below the 8 EMA again. It is still not a “Buy.” Furthermore, it hasn’t broken the trendline. The fibonacci retracement still below the 50 fib. All indicators are still bearish . I’m hoping the 100 MA can act as support as the RSI climbs over the 50 and the MACD rolls up. That is the only promise I can see. Below the 100 MA is the S1 pivot at $0.405. Oof! I would hate to see it.