Cardano / Bitcoin
Long

ADA/BTC TA Update (Ready For Breakout?)

251
ADA/BTC

ADA has the potential to change the market trend upside again as the price has temporarily found support at 0.618 Fib level.
The price is consolidating at key support for 10 days already. The fact that bears are unable to bring down ADA further,
this is an early sign of weakness for the bears in the mid-term. If ADA can still keep the price at this level for another 5 days or so.
I would expect an explosion to the upside as the Bulls will have a chance to gain momentum.
Long positions will have their stop-loss place under 440 sats areas.

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