Cardano is still looking BULLISH, best case scenario for ppl that didn't bought when price was lower. BTC correcting, so does the entire market a bit. Have a great night.
P.S: As link you will find my dear friends analysis on BTC situation, go ahead and follow if u want to be informed of the changing situation daily.
Ok so now let me break it for u what I see. In order trend to continue and catch a MSL (major swing level) this movement must continue above the previous MSL in order to mark it as an actual swing. I see a lot of ppl calling it a dip well its not until it clears the in short term the levels ~36200 and then above ~40-41. As you can clearly see when the downtrend...
My last day analysis was correct and it reached the price of 36900 during the day. Now I see -5.5% fall since DEAD CROSS and according to historical data we might see up to -40% more downfall. HAPPY TRADING