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

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

.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:

 

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

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

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