ADA is forming a consolidation wedge around a previously tested support zone. Given the general short term recovery that Bitcoin is posting, it is likely to drag a few altcoins up with it. Keep an eye out for a breakout of this wedge. Wedge breakouts always tend to be violent and are one of the best trading opportunities in crypto.
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.