UnknownUnicorn2217083

Cardano (ADA) - End of correction?

BINANCE:ADABTC   Cardano / Bitcoin

The bullish trend started around the end of December '17 and is in a retracement since the 4th of Jan '18 (All Time High). Lowest point from there is somewhat around 0.00004400 - 0.00004600 and is been tested 2 times already since the last All Time High.

Still failing to make higher high's and also makes lower lows which implicates a bearish primaire trend.

Although the primaire trend is still bearish, last couple days ADA is moving in a sideways trend, even on the 30min chart. Will this be the end of the retracement?

MACD, cross and volume are not showing clear signs. For now strategy is just waiting for the moment to see where it will go.

What do you think?
Penafian

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