I think things are looking grate to ADA/USDT in the daily chart.
Price made a 26.8% correction and its currently testing a lot of support here(200 EMA in orange, 50 EMA in blue, a trend line that has been suportive since march 4 and bollinger's bands bottom).
There is a chance we are forming a H&S
MACD is at support too.
Stoch is starting to turn up at oversold area.
RSI is in neutral area.
We might get a golden cross here, so that would be great.
If all that fail to support the price here, the next stop would be at 0.05~
Price made a 26.8% correction and its currently testing a lot of support here(200 EMA in orange, 50 EMA in blue, a trend line that has been suportive since march 4 and bollinger's bands bottom).
There is a chance we are forming a H&S
MACD is at support too.
Stoch is starting to turn up at oversold area.
RSI is in neutral area.
We might get a golden cross here, so that would be great.
If all that fail to support the price here, the next stop would be at 0.05~