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Cardano

BTCUSD may provide enough momentum for $0.28

By hughestu
Updated
  • Resistances in green, supports in red.

  • BTC is in shape to hit $9.5-9.6k, if this happens it will provide enough momentum to ADAUSD to smash through the two resistance levels I've indicated and hit $0.28.

  • Note the current head and shoulders pattern on the 1h chart that I have indicated above will likely result in ADA hitting $0.184 in the next 6-8 hours to complete the head and shoulders pattern.
Note
Correction: Supports in green, resistances in red... obviously.
Trend Analysis
hughestu

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