StarRainbowChild

ADA/BTC CUP AND HANDLE FORMATION

Long
BITTREX:ADABTC   Cardano / Bitcoin
Some support and resistant lines.. What I scope is a desaceleration in the bearish trend, perhaps we are about to experience a change in trend.( Diamond formation 30 min chart)

Next target 3400 satoshi
Comment:
Since the bullish target of 3400 was not achieved in the short term, then ADA is hanging in its support.
It probably will go in an other cup formation through its support and then if we have strong support and volume confirmation it can move parabolic.

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