ACardano / Bitcoin
שורט

Technical Analysis on $ADA (Cardano)

903
Did a TA on ADA against BTC and it seems like its currently in a downwards sloping trend channel. Not only that, its also below EMA line and this confirms its bearishness. However, if ADA were to release any big news, usually it will cause a lot of FOMO like previously when it peaked. But other than that, I think that overall, if you want to hold ADA long term, I would prefer to be holding ETH because I feel ADA is slightly more inferior to $ETH.

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