Cardano / Bitcoin

ADA/BTC Supports/Resistances

Currently holding on to the local trend support, if this one goes down we could see a big sell off due to a high amounts of longs entered at this price point.

Daily TK cross may happen under the cloud a really bearish signal.

Most bullish case is bouncing here and breaking the resistance to make a new high, if entering at this level make sure to set a stop loss on the support break down.

Disclaimer