PolarHusk

ADA/BTC TA Update (Will bounce at Golden Fib?)

Long
BINANCE:ADABTC   Cardano / Bitcoin
ADA/BTC

ADA sank 11% from 513 sats last Dec 16 and price is already trading just above the golden Fib 0.618.
RSI also hit oversold levels which could sparks a potential relief rally to the upside since the drop is sharp.
Otherwise, a daily close below 450 sats will increase bearish momentum to the downside again.

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