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‘Luke Cage’ Canceled by Netflix
I won't be surprised if all the Marvel Netflix series will be cancelled in the next period. I think the House of Mouse want all the Marvel shows for their streaming services. They are filming the next season of Jessica Jones so she won't be next and season 2 of Punisher hasn't been released yet but if Daredevil gets cancelled next I think there just other things at play than just disappointing ratings...
Netflix Knocks Out ‘Marvel’s Iron Fist’, No Season 3 For Martial Arts Series
I think they lost a lot of viewers with that horrendous first season. Although the second season was actually way better you can't expect people who didn't like the first season to tune in to it. I think it's sad that they cancelled it, they where on the right track with season 2.
I wouldn't be surprised if Jessica Jones and The Punisher also get cancelled. It's not a secret that Disney is pulling it's movies off of Netflix so they can only be found on Disney+. I guess they are deliberately not giving in in to Netflix demands about shorter seasons. If Netflix cancels all the series Disney can use the Defenders again for it's own benefit. I hope Daredevil and the other Marvel series will find a new home on FX, Hulu or Disney+ and continue.