ADA still looks like the longer term bullish view is fully intact. The only doubt there is, is the sideways break out movement from that big bullish wedge. The volume during the break out is textbook, but because the market (Bitcoin) kept moving sideways and dropping again after each rally, ADA bulls have probably not been confident enough to buy it's price up.
Even though it goes against my rule for not going against the weak trend of Bitcoin, i still think it's a good coin to buy a small size when entering the blue zone and increase the position on the way. That way risking just a small amount with the potential of a good profit when it DOES go up . That green support zone seems like a very solid one so that should hold for the coming period. I would use the red zone as a stop. Below these 2 levels the risk becomes TOO high. On the lower time frame it looks like it can drop some more and looks more bearish, but the bigger picture looks much more bullish.
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Previous analysis:

Even though it goes against my rule for not going against the weak trend of Bitcoin, i still think it's a good coin to buy a small size when entering the blue zone and increase the position on the way. That way risking just a small amount with the potential of a good profit when it DOES go up . That green support zone seems like a very solid one so that should hold for the coming period. I would use the red zone as a stop. Below these 2 levels the risk becomes TOO high. On the lower time frame it looks like it can drop some more and looks more bearish, but the bigger picture looks much more bullish.
Please don't forget to like if you appreciate this :)
Previous analysis:

Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.