Cardano / BitcoinPanjang
Bullish on ADA/BTC near term
Cardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher.
Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.
We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at 09:06 AM UTC at the binance exchange on Friday, April 9. In your opinion, will ADA/BTC trade above 0.00002312 BTC (+10.84%) at any time before April 20?”
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Assurance: 88%
That's clearly a bullish indicator. The target is also within the range that was observed in March. So if the forecast is correct, that would not necessarily be a trend reversal but could simply be a continuation of the sideways trend.
Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.
We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at 09:06 AM UTC at the binance exchange on Friday, April 9. In your opinion, will ADA/BTC trade above 0.00002312 BTC (+10.84%) at any time before April 20?”
-------------------------------------
Assurance: 88%
That's clearly a bullish indicator. The target is also within the range that was observed in March. So if the forecast is correct, that would not necessarily be a trend reversal but could simply be a continuation of the sideways trend.
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.
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.