I need your opinion on this idea. So my thinking behind this idea is as we all know that crypto charts like to move in patterns. I created the two boxes that are starting to look similar. Is this pullback going to be as agressive as before or will it stop on any local support zones
As the MACD is showing us we came across a "cross of death" also known as the position when sellers overpower the buyers. As we take a look at the market on the daily chart we can see that BTC is retracing probably retesting the local support which is situated at 21.5k in the following month we will get a new oportunity to buy the current dip and stack on the most...
IMO you should long it if ADA breaks the next resistance because on the daily the charts it's looking bullish