ADA/BTC
-Cardano is on a short term downtrend since the High at 1600 sat
-Its value has depreciated by -32% from the top
-If ADA will continue its short term trend
-It is likely to retest the 100D dynamic support
-Which is somewhere around 1000 sat area
-This is also a confluence of previous support in the past
-I recommend only to wait for any reversals or bullish strength
-Before placing a bid order to reduce the risk in the market
-Please be patient, do not rush, wait for the trade to come to you
-Cardano is on a short term downtrend since the High at 1600 sat
-Its value has depreciated by -32% from the top
-If ADA will continue its short term trend
-It is likely to retest the 100D dynamic support
-Which is somewhere around 1000 sat area
-This is also a confluence of previous support in the past
-I recommend only to wait for any reversals or bullish strength
-Before placing a bid order to reduce the risk in the market
-Please be patient, do not rush, wait for the trade to come to you
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.