ADA near term buy cycle is completed. Selloff imminent.
Re-entry target zone show at the next retracement level. Buy cycles to resume at 1.5-1.6 zone. Long term buy scenario remains strong with 10$ targets or higher. Will be weighed down by near term bitcoin selloff to 35k target. And ETH down to 2.7-2.8k retracement target. See chart analysis for ETH and BTC for more info.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.