If Bitcoin has bottomed for now and decides to crawl up towards 54k area, ADA might get a good pump in the next few days.
I'm not sure what pattern ada has broken out of, but it's currently testing support of the top cyan line.
The ADA/BTC pair has already broken out of resistance and is hovering well above support like it's no big deal. Ada's strong guys for sure.
Just my opinion. Good luck.
I'm not sure what pattern ada has broken out of, but it's currently testing support of the top cyan line.
The ADA/BTC pair has already broken out of resistance and is hovering well above support like it's no big deal. Ada's strong guys for sure.
Just my opinion. Good luck.
Note
Now that I think about it a little more, it looks like a fucked up bull pennant.Disclaimer
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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.