ADA current price action
After a beautiful Elliot impulse, followed by ADA respecting the corrective contracting triangle ABCDE. The Last Leg E was interrupted due to the btc mania that went on today, with price breaking up and setting some ugly bearish divergence on the macd and rsi which could have been avoided if we finished leg E. This makes me think that this move was a little premature and we could potentially see a breakdown back to the lower treadline to complete the Leg before moving back up. Price as it currently stands is retesting the broken resistance, So only time will tell if it holds. Overall I am still very bullish on Cardano.
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