Coinathlon

ADA bullish divergence

Long
BINANCE:ADABTC   Cardano / Bitcoin
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Cardano is looking interesting. Finding support on the range it was in for over almost a year. With a bullish divergence on the RSI.

When it touched here in november we saw a nice 50% rally towards the resistance at 936.

If Bitcoin retraces and fulfills its blow-off top, we could see Cardano move further toward the 1200 level.

What do you think about ADA? Long term hold? Or just a trade?

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