Cardano / Bitcoin
Updated

ADABTC - zooming in on the horizontal consolidation/accumulation

437
Whew! This has been one heck of a consolidation. These phases tend to resolve upwards (given the uptrend and strong buy volume before price entered the consolidation), but of course we don't know until it leaves the rectangle for real.

Can't wait by the way (whichever direction it is)

For the record: I do believe ADABTC will go up longer term anyway, but why not try to and guess the smaller moves with a small part of holdings...
Note
The only other cases of such long stuck price accumulations I can recall where in Ripple XRP earlier this year...:-)

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