I see 3 scenarios for the next days.
1 Scenario: BTC will come back to 42k forming a that could lead a big dump right after that.
That could trigger ADA to break the regular channel trying to reach 0,40-0,50 level, but with the fall of BTC it will dump as well, hopefully inside the .
2 Scenario: BTC will lateralize in the next days not generating another dump.
That would make ADA stable, possibly making it stay in the regular channel not breaking up to the for now.
3 Scenario: BTC dumps before reaching a pattern, which would led another dump in the market.
Published at Thu, 14 Jan 2021 11:33:09 +0000