Cardano (ADA) vs Bitcoin (BTC) | Bull or Bear

BINANCE:ADABTC   Cardano / Bitcoin
Since the 7-July peak, ADABTC printed a lower high and prices are now moving below EMA10.

If you read me... You know that closing below EMA10 switches the potential to bearish .

We also have a bearish cross starting to take place on the MACD and a retrace now is something we would expect.

On the chart above I marked the most important support levels based on Fib. proportions... Cardano ( ADABTC ) is likely to drop .

Don't take this as trade advice... Make sure to do your own research and have your own plan before you trade.

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what you think now master?
+1 Reply
alanmasters prfardin
@prfardin, Still the same... Only above the blue resistance we can switch or update.

Anything below the marked blue space on the chart and we keep the same view.
We should sale or hold ada now??
prfardin hemant498
@hemant498, i think signal is good and in the chart is in the resistance line
alanmasters hemant498
@hemant498, Might read like an easy question but it can be a bit more complex than that.

There are many variables based on your own trading.

It is different for each person/portfolio/strategy.

+2 Reply
prfardin alanmasters
@alanmasters, oh thank you bro!
FindTheSun hemant498
@hemant498, hold 1 year
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