Cardano / Ethereum
Long
Updated

ADA.ETH (Y21.P2.E1).Is it getting momentum?

391
Hi Traders,

Its worth looking at ADA vs ETH because if one is about to do well over the other, then it makes sense to change your ratio holdings on that specific coin.

For now, I see ADA getting momentum but it has a strong resistance line coupled with the sloping resistance trend line as well as the horizontal fib level resistance.
Hence I I will not consider flipping the ratio until I see this level taken.


snapshot

All the best,

S.SAri
Note
No change in downward pressure as per the indicator on the lower time frames.
snapshot

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