$ADA corrected and ready for the next highLast days were turbulent. $BTC had a crazy parabolic move to a new ATH that "killed" all Altcoins.
30% swings move up and down happened in a matter of hours.
I waited for all this to settle down, charting during this time was completely useless, especially when we trade BTC pairs...
Is Bitcoin over now? I believe so, BTC will correct now hard, but again we never can know.
What does it mean for ADABTC? I can see ADABTC corrected nicely and now reverted again to the uptrend.
I set up my midterm target at around 220 levels, until that point I won't sell any of my ADA coins.
Actually now it's a good time to accumulate more, in case you didn't already in the last days.
I hope it helps, if questions let me know!
Thanks!
CARDANOADA
$ADA - Chance for a 30% quick trade. Bullish triangle again. It's weekend, ADABTC Roadmap update happened, good news overall, steady development - the price remained stable.
This doesn't mean anything in crypto, as said, it's weekend and strange things happen on the weekend.
However I see ADABTC in a bullish triangle, set to go up to the old ATH levels.
From 12 to 16 levels, that is a 30% trade that you can take.
There is a risk of course this is a bull trap, that's why if you take the trade and see the price goes down, don't hesitate to stop your loss.
See the SL level of SL is quite low, to avoid a fake drop before take off.
Enjoy, Thanks!. if you have questions let me know.