This prediction is based on historical performance of Cryptocurrency after reaching an all time high, then following lower highs and higher lows of consolidation, namely Bitcoin. I believe Cardano is going to follow Bitcoin's consolidation pattern which will follow the higher lows and lower highs as buy and sell signals.
Next high for BTC would be $16,900 range, roughly a 200% increase then followed by a pullback consolidation to $8,000 range.
That would set Cardano's new low after $0.42 would be around $0.20 cents, I don't think that ADA will follow the same lower highs and higher lows patterns like BTC, instead it will most likely follow a bullish ascending triangle formation.
What do you guys think?
Next high for BTC would be $16,900 range, roughly a 200% increase then followed by a pullback consolidation to $8,000 range.
That would set Cardano's new low after $0.42 would be around $0.20 cents, I don't think that ADA will follow the same lower highs and higher lows patterns like BTC, instead it will most likely follow a bullish ascending triangle formation.
What do you guys think?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.