Many see 
ADA as a solid blockchain that should be competing with the likes of $ETH. Price wise it has seen better days and if you held Cardano throughout this long bear action, then the constant downward action could not have made you a happy boy or a girl. Short of another 
BTC FUD dump dive, ADA is showing signs of a reversal. The falling wedge completion and the historic support trend-line appear to be meeting up finally which might signal the beginning of a new trend. Looking at the 1 day chart, Bollinger Bands are hinting at a push up, Stoch RSI is finally showing signs at the bottom of curling up and the MACD might finally not saucer (yet again) and flip positive. The next week we should know whether the bull is back or not for Cardano.
This is not financial advice, just my belly button musing
ADA as a solid blockchain that should be competing with the likes of $ETH. Price wise it has seen better days and if you held Cardano throughout this long bear action, then the constant downward action could not have made you a happy boy or a girl. Short of another BTC FUD dump dive, ADA is showing signs of a reversal. The falling wedge completion and the historic support trend-line appear to be meeting up finally which might signal the beginning of a new trend. Looking at the 1 day chart, Bollinger Bands are hinting at a push up, Stoch RSI is finally showing signs at the bottom of curling up and the MACD might finally not saucer (yet again) and flip positive. The next week we should know whether the bull is back or not for Cardano.This is not financial advice, just my belly button musing
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.