In my previous analysis on ADA I mentioned the possible rebound on the long-term trend line. Unfortunately the trend lines have been broken and ADA has since found itself in a bear trend. On July 15th it started to form a triangle, the possibilities were either a pennant (a continuation figure of the current trend) or an ascending triangle (eliminating market...
After testing the resistance in the area $ 0.10 for 4 times and being rejected Cardano broke the various supports, going to perform a new test of the bullish trend line that lasted from March 4.Unfortunately at this moment the alts are very weak and follow Bitcoin dad. The trend line has been broken confirming in closing on the daily chart and invalidate also the...
