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CrimsonBull
Mar 24, 2018 6:18 PM

ADA/BTC Possible upcoming play 

Cardano / BitcoinBittrex

Description

ADA/BTC has been bleeding for quite some time now with little to no retraces and bounces.

We are reaching a an area at which a higher bounce or a full market reset is more likely. Would need to see a confirmation of support in the green zone to determine the entry better.

So far Range of 1500-1000 seem most likely for an entry point, going below 1,000 can push it to a an extremely low point at which it will have to bounce really hard from to push it back bullish.

I expect to see some kinda reversal happening first week of April, would like to see at least a couple of days in the support area, with increased volume to push us back out of it.

Comment

Target hit, trade finished
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