Outlook chart for ADA/BTC

BINANCE:ADABTC   Cardano / Bitcoin
Although most of indicator beginning signaling a oversold, Hull MA almost cross down into a bearish trend for a while.. i keep an eye for fib 0.382 for the possible good support around 1300 satoshi .. if it's break high possibility a downtrend keep persist.

There's also a possibility for the price action try retest 0.618 horizontal fib level before to decide to continue it's downtrend.

Please do take this as a grain of salt as there's many factor beyond technical analysis also do involve the movement of price action.. please share what your thought and feel free to share your idea..


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