ADA - My View

As you can see, there is a downward trend in daily timeframes. Its overall downtrend line has not yet been broken. Just hit this line and react. Another downtrend has been broken, and its resistance and support points have been identified.

I think the holders who bought Ada are always thinking about how it will move, but ADA has strong support, and its exchange is up and running, which has alleviated the concerns.

As you can see, in part I showed you on the chart, there was a price action and a confirmation that it could pull back and break its secondary downtrend line. During that five days, it has made almost 28% profit.

As you know, Cardano has had a high volume of input in the last two days.

I predict a good future for it, and I'll update it.

⚠️⚠️⚠️If you trade, be sure to proceed with risk and capital management and be sure to use Stoploss. High leverage is very risky, and I advise you not to be greedy. Follow the experts and get guidance. This attractive market is one of the ways to make money if you go calculated.

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