Cardano (ADA) Analysis 5/10 ADA-BTC

Cardano (ADA / BTC) completed the Cup & Handle formation very nicely and the current correction could be the handle of this pattern. Therefore, I assume that the course will be corrected a bit further down to the gray area.

ADA-BTC 02.png

That would mean another correction potential of about 15 percent before the price could stabilize. In concrete terms this means a price zone of about BTC 0.00002850. Currently the course of Cardano against Bitcoin is at 0.00003363.

This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!

Cheers Jessy

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