Hambooger

ADA Short Term Idea (Jan 9th 2021 through July 2021)

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BINANCE:ADABTC   Cardano / Bitcoin
Cardano (ADA)/BTC rate (January 9th 2021 through July 2021)

Low: 0.00000646 ADA/BTC
High: 0.00001045 ADA/BTC

I personally believe Cardano could be in a bullish, contracting, Elliott triangle. I will need to check out the USD side of the trade for Cardano too but it could be well into 2021 before we get out of this upper resistance for the BTC side again.
Red box is my weekly Cindicator estimated range forecast.

Longer term forecast idea in related ideas here:

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
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