Cardano (ADA) Looking To Grow vs Bitcoin Long

Cardano / BitcoinBinance

Description

⋅ Jan 4, 2021 12:30 PM

Cardano (ADABTC) has been dropping since it peaked back in July 2020.

Last week we ended with a Doji and a higher low compared to Jan. 2020.

This can be the beginning of a change of trend.

If this higher low holds, marked with a vertical grey line, we will see a higher high on the next bullish move.

This can lead to double the current price or even higher... You can find more details on the chart.

Namaste.

Comments

dragansimic171111

⋅ Jan 5, 2021 8:06 AM

Thanks.

Cryptodesperate

⋅ Jan 4, 2021 12:40 PM

I notice the same trend line for many alt coins like ADA, Vechain, etc. Not surprising to see them rising and falling in similar fashion.
Again its disappointing to see Bitcoin dump bring every other coins down again. No difference from 2017. Thought with the stablecoins, the correlation will be lesser but that apparently wasn't the case