mercury_rising

Skeptically bullish, but nervous

BINANCE:ADAUSDT   Cardano / TetherUS
ADA has recently retested the major trend support. If that breaks, ADA's woes could accelerate. However, there are a few positive signs suggesting we may see (at least some) short term bullish momentum. On the 4-hour chart (not posted) I'm seeing seller exhaustion. On the daily chart, we appear to have a Higher Low that would suggest some short-term strength (at least). Despite these few positive signs, ADA looks like too much of a gamble for me.

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These are my personal views and not financial advice. Please do your own research before investing.

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