Cardano (ADA) is crazy long today!

Hi all!

I know we’re tired of waiting for the crazy long signal on Bitcoin, so I decided to find another coin that has the potential to immediately reverse. This is Cardano (ADA).

Let’s look at the ADAUSDT 1D timeframe. He has a textbook Wyckoff accumulation pattern. Now the price is in the most valuable place – spring, a false breakout of the trading range for decreasing volume. I believe there is a 90% chance that ADA will be able to find its bottom today or in the next couple of days. Moreover, this coin is about to break out of an insane long position, which is the strongest signal on the 1D timeframe. My plan is as follows: wait for the first rising bar on the MACD histogram and open a long trade with a stop loss below the low.

You guys know me as a Bitcoin trader, but I decided to pick altcoins that are very close to the bottom. Please let me know in the comments if you are interested in my review of these coins.

Best regards, Ivan