Cardano to Bitcoin Technical Analysis BTC/ADA (LONG)
Hey Steemians,
This is not financial advice. Remember to do your own research.
For all you #Cardano lovers out there I have a wonderful gift for you today. Looking for a good entry? I think we all are. Here is my chart on #ADA/ #BTC.
Technicals: Algos on both sides are targeting the same area. The shorts are targeting the apex of the triangle where their fib level meets. Longs will be catching the golden zone for a potential 2 wave in terms of EW. We also have previous market structure setting up the scene quite nicely along with Andrew's pitchfork kissing that sweet spot at the golden zone (wave 2).
The indicator just adds additional value to my analysis.
Fundamentals: Shelly release coming very soon (huge update).
Remember to use a stop loss and don't go crazy with leverage.
Happy trading.
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