BINANCE:ADAUSDT   Cardano / TetherUS
Hello everyone, as you can see ADA broke through the previous trend line, and started a new trend.

The new trend (the yellow line) is a downtrend and it is quite easy to understand where ADA is going thanks to this trend line.

I am expecting ADA to drop down to 1.2 or even a bit lower. This is going to provide us a new bottom and we will be able to see some sort of recovery in the future.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.