Klataro

possible (big) Correction ahead, maybe after another last pump

BITTREX:ADABTC   Cardano / Bitcoin
Weekely RSI is pretty overextended and the candles may form a double top. If the wedge breaks bullish i'd expect ist to top out around 1700, followed by a big correction. The project ist still developing and imho the price is just driven by hype and fomo and is probably not sustainable. Personally I won't invest any big amounts now and wait for it to come down to the 900ish area to buy more.

On top the danger of a 2nd Corona Crash is a big threat hanging over the market.
Infections still are getting more and more, especially in the US and the economy is still suffering.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.