ADA wants to switch the standard channel to the bull channel

ADA is likely going extremely bullish if BTC retests 38k.
On my view BTC will come back to 38k before a possible dump, orders around 35k on BTC are huge right now.

In the meanwhile ADA will move to the big boys channel (BULL channel in green) if BTC retest 38k. Lets just hope it doesn`t fall into the old channel again.

Next target 0,44

after that pull back to 0,39, and bulls to 0,6

after that pull back to 0,44 and bull to 0,9-1,18

if we stop in 0,9 we are pulling back to 0,6 to come back to 1,18

ADA is seeking 2017 ATH soon, is too stable and everyone is adding to their portfolio with Staking involved (10% yearly of ADA is not bad at all).

My recommendation to ADA investors.
HOLD 50% in Staking
50% in trading (ADA is very predictable and stable to swing trade)

Have a good one, leave ideas and thoughts, and good ADA bull run for everyone.


ALERT: once BTC decides if is going up after touching 38k we can set some scenarios, and possibly selling ADA, otherwise keep your ADA in your pocket.
ADAaltcoinsaltseasonBTCBTCUSDBTCUSDTFundamental AnalysisTechnical IndicatorsTrend Analysis

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