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PolarHusk
Jan 11, 2020 3:17 PM

ADA/BTC TA Update (Bullish Attempt again?) Long

Cardano / BitcoinBinance

Description

ADA/BTC

Bears are starting to show some weakness as the price manages to keep the same Low from the previous support area.
We can also see bullish early signs on the RSI giving us extra confirmation of bear exhaustion.
I'm expecting the ADA to challenge the downward trend-line resistance again and potentially break it for the 3rd attempt.
Target to the upside is the 200 Day MA dynamic resistance area.
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