Hearing the news, scheduled on September will be a new update to ada cardano core introducing smart contract... any ways we are late to buy at rumors and we still sell the news.
we re on bull flag and it's possible a strong retracement, you can put long position on fibonacci levels and short on 1.6 extension level.
After Bullshit Elon Musk drop, the chart say: where are in OVER SOLD field on KDJ Indicator 1 day chart.
Next days i'm sure that will be a huge green candle spyke.
Probably will be some resistence at 53-54k$