Price movement in the ADA/BTC trading pair on the background of bitcoin price fall.

Hello, gentlemen..

The price of bitcoin fell, as a result of this, the price of altcoins began to fall. I want to post a few short posts on the price movement of some of altcoins.

ADA/BTC, "BINANCE", 1 day timeframe

Screenshot

On the exchange chart of the coin, the pattern "ascending expanding wedge" was formed long ago. This pattern warns of a possible price fall down after the breakout of the lower limit of the pattern.

The ADA/BTC exchange chart shows the price corridor (1360 sat - 1420 sat). It is marked in red. If the price falls (this possibility is estimated at 80 - 90%), the price will reach these limits.

At the time of writing, the price of the asset may again start a small rise inside the pattern marked in white. But in the end probably fall to the above boundaries.

Good luck!

The @upvoteinvest team

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