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Trader_hao
25 lut 2018 04:17

Technical Analysis on $ADA (Cardano) Short

Cardano / BitcoinBittrex

Opis

Did a TA on ADA against BTC and it seems like its currently in a downwards sloping trend channel. Not only that, its also below EMA line and this confirms its bearishness. However, if ADA were to release any big news, usually it will cause a lot of FOMO like previously when it peaked. But other than that, I think that overall, if you want to hold ADA long term, I would prefer to be holding ETH because I feel ADA is slightly more inferior to ETH.
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