the least we could go from here is near the 2300 zone where i have my 0.236 fib, i really think the price would not go below that level.with some good number of hits at this level we might most possibly bounce here, giving us a hope of a double bottom bounce.
Technical analysis:
CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is still possibility of temporary retracement to suggested support...
