ADA has had a marvelous run these past few weeks. But time is drawing near to take a breath. The 1D chart is showing descending peaks on the RSI — very similar to BTC’s precorrection setup. A fall to ten nickels in the coming weeks would be a healthy correction that would give ADA to gas it needs to keep surging up.
Recommendation: take a majority profit, sideline it, and wait for the momentary breakdown.
Position: No position on ADA.
Recommendation: take a majority profit, sideline it, and wait for the momentary breakdown.
Position: No position on ADA.