LA_Designer

ADA: What's Next?

LA_Designer Updated   
COINBASE:ADAUSD   Cardano
Everything follows Bitcoin, which is in the process of re-testing $37K as support. If it bounces and goes up, then alts will follow.

For ADA on the 4H chart, we have the blue LSMA line heading down toward level 20, with the red RSI about to cross the upward green ghost line.

If Bitcoin behaves, we should see a move up again on Cardano.

This is not financial advice. These are just my ideas and opinions.
Comment:
$37K support broke on BTC, bringing the alts down as well. Nice buying opportunity.
Comment:
On today's dip, the $1.38 area was a nice short-term buying opportunity as seen on the 4HR chart for ADA.

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