TheBigNova

$ADA corrected and ready for the next high

Panjang
BITTREX:ADABTC   Cardano / Bitcoin
Last 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!



Penafian

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