BITTREX:ADABTC   Cardano / Bitcoin
ADA just bounce off the 100 day and 50 day MA.

The 50 day is about to cross the 100 day confirming an uptrend.

The next candle would be a 9. Although you can usually reverse at an 8 anyways.

We are also at the previous low 0.00002930 and did not close below it.

All things lead to a short bounce. But always, place your stop loss below the 50 day if you go long now.

Stay safe, traders!
Comment: We are bouncing, along with all other coins.
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