Here we see since February we have had an area of resistance turned support. ADA has touched this area numerous times, and with the RSI being oversold as well as the Stochastics starting to make a move up, we might see some more bullish price action. While BTC is in sideways action for now, some trade their BTC in for ADA. If you look at the ADA/BTC chart you'll see quite a bullish divergence happening.
Time will tell! stop loss for me is just under the foundation line.