Although chart shows a , this might not be the case for ADA . Chart patterns are always easy to read on a naked chart however I forecast a reversal which might reach an all time high in the coming months. This current downward trend should bounce off resistance as history shows multiple times.
Buy target : 5,000 - 5,500
27 January 2018 - Inaugural London Meetup
05 February 2018 - Roadmap Update
This is not an investment update, always do your own research.
Buy target at 5,000 is still active and correct following such bleed. ADA is recovering very fast and should be back on track to achieve the indicated targets. Also note that targets are quite realistic and not exaggerated/dreamy. Remember the amount and depth of corrections following a rise in price.
ADA on track! Go!
Goodluck and hodl!