First time sharing a trade but just couldn't help but see how ADA has been performing YTD. Of course, this is ADA/BTC--I prefer BTC markets myself. Anyway, this is in no way financial advice, just simply speculation of historical patterns. Invest at your own risk! I do have some bias towards Cardano by being a pretty big fan of the project. Anyway, even the RSI is looking insanely low. Also, I drew in an estimated ema cross. Not guaranteed but if it does, it could show a sign of trend reversal. Which looking at ADA's history, we could see some nice runs.
Best of look everyone out there! Cheers
הערה
so the update is ADA not too much. It's consolidating still, dropping a little lower a trend support i later drew up.
To me, this is annoying short term, but very bullish long term. Imo it only means that it will rally through that trend support harder and potentially ATHs
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