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GarrettM25
Jan 31, 2018 12:32 AM

ADA/BTC Three Descending Peaks 

Cardano / BitcoinBittrex

Description

It seems Cardano is following the three falling peaks. Being that we are in a bearish market I'm inclined to think this will drop to about 3200 sat's.

MACD shows no indication of a reversal in the immediate future.
CCI has made its way below -100 suggesting a weak price action.

Set at 1D candlesticks view

Any feedback is appreciated.

Thanks.

Comment

Dipped to 3600 sats and bounced right off. Hope everyone was able to buy in
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