bingong

Cardano Is This The Bottom In For $ADA?

Long
BINANCE:ADABTC   Cardano / Bitcoin
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

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