ADA is in a channel, obviously.

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I'm proficient in basic analysis, but I (probably) don't have anything to contribute that's not already covered. I'm honestly just trying to get enough reputation points so that I can make comments. Mainly to point out blatantly bad TA. Like when two different people are calling shorts on ADA's "Bear Flag." That's a hell of a flag.
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I would also like to be able to ask questions (for the record). To learn. And no, I can't afford a pro plan. Not yet.
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ADA: 4 HR/Daily: Channel in tact. Bullflag looking pretty. Waiting for BTC to make a move or stabilize. Notable that BTC's own 4 HR saw the strongest single-candle rejection from bulls in a long time. There is considerable interest in holding this support. What's good for Bitcoin is good for ADA, at the moment.
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Of course, if we close under the channel, our flag becomes its own channel and we'd probably break down to look for support at the 200 MA.
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BaghdaddyKane

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