Bitcoin analysis of April 16, 2021. And a look at ADA Cardano

in LeoFinance3 years ago

Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 65050 LOW 61385

As expected, the price of BTC has rebounded from $ 58,000 on the way up.
As long as it remains above the $ 61500 support level, the trend is bullish and we aim for $ 66000.

Now a look at Cardano:

The trend is up and I would try to buy in the 1.39 area with a target area of 1.55

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Thanks for reading.

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