Now we touched support and we're holding for now. We may range for a while, however there are some reasons why you should be careful here:
1. We're under ATH , so price will likely be rejected at first try
2. We are forming a massive divergence on MACD+RSI
3. is decreasing
4. We're about to cross on the negative side on
Any of these for points should make you reconsider buying ADA. At best wait. Buying now is too risky in my opinion.
Take extra care if you plan to enter a long here. Use a stop loss and if we break the yellow parabola, then upward momentum will be postponed.
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