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

By trade60 | trade60 | 16 Apr 2021


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

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.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:

 

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

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Charts from tradingview.com

Thanks for reading.

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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