$ADA reversal for the swing traders
ADA has been in the backfoot since last week, although bounced back on Saturday.Retracement took 48 hours now seem to have retraced well done to $1.0.
The bottom of ascending channel serves as strong support for the near term expect a decent bounce back to $1.20 in next 12- 24 hour time.
There has been strong news on the Cordano front in addition BTC and ETH are starting to retrace too.
Disclaimer
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.