We might have just corrected to the new support level set at large green candle at left of support line. We do not want to close a candle below around the $8,600 usd level. That's an area we need to find general support in order to keep the momentum going upward.
I was messing with this chart yesterday and the circles were my predictions for price action. I didn't expect this big of a pullback, but i think we're going lower.
I think there's a good chance we could see a pump before the miners start to liquidate their mining rewards. But make no mistake, crypto will keep rising (slower this cycle) and gaining adoption. i think cardano (ADA) is one of the most exciting projects ever.
There seems to be some repeating patters before and after corona sell off. If this trend is copied on 4.26-27 we might expect a charge to pre-corona levels.
One small drop in next day and then back to testing resistances for ETH