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Elliott Waves on BTC and ADA: No signs of accumulation [Video]

Elliott Waves on BTC and ADA: No signs of accumulation [Video]
Stavros TousiosStavros TousiosIndependent Analyst

$Bitcoin (BTC) maintained a bearish position confirming the downward breakout below 23k. As promised, the alternative is now main and with it the expectations to the downside widen despite extensions projecting the same levels as before. $Cardano (ADA) has a very similar print in the short and medium term, but its more bullish in the long term. It's short-term structure, however,  also spells several corrective patterns. Which one will prevail? For more details on which is the main and which the alternative scenarios check my weekly widely anticipated video below:  

Author

Stavros Tousios

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

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