Took a position at the lows, 2 nice weekly hammer candles.... RSI and MACD showing some exhaustion of selling since Dec, let's see if we get a move up to the golden pocket. The previous ATH could be considered resistance however that was made more than 2 years ago so most bagholders will have sold by now, it's likely ADA will blow through that. Let's wait and see....
Note
Also noted the bullish divergence and break of long-term downtrend since previous ATHs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.