ADA/BTC where is the fall going to STOP??
ADA showing tremendous bearish results! As the 0.10$ barrier was broken, we cannot antecipate the bottom in a ADA/USD graph. So i'm using a ADA/BTC to see where we can expect ADA to find support. So the red rectangle, it is almost 100% sure it will touch that. If support isn't enought there, then we will have ADA where it was in October previous year, in the blue rectangle. As the whole market sinks, cardano has been probably the top10 one who has been seeing more decline. However previous experience has shown that most of currencies which have a bigger correction, are the ones with a higher increase after. Should we buy Cardano now?! i would wait a little longer to see what BTC will do.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.