Hi,In a 2-hour timeframe review, two scenarios seem plausible, one shown with a line and the other with a dashed line. The first scenario is more likely to take shape as the downtrend continues. But if the midline in the next candelabra is still broken, the trend will change and it will happen in a downward and next scenario.
all these charts means nothing only btc will push or dump ada.
btc was dumping at morning and ada was dumping also.
if btc goes up again ada will go up again.
simple as that
AFERII
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@oacen13, Agree, there is no doubt that the price and trend of BTC has a great impact on the overall market trend. But lately, these changes are not the same as before, and some ALT COINs behave differently.
Oacen
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@AFERII, if and when btc stabilises we can analyse the chart of ada.
and i have 1 question why btc always dumps while i sleep
AFERII
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@oacen13, The overall market price should fluctuate and this fluctuation is very suitable for trading.
But the overall price is usually related to the inflow and outflow of capital.
btc was dumping at morning and ada was dumping also.
if btc goes up again ada will go up again.
simple as that