🔥 ADA Back From The Dead? Bullish Trend Change

ADA has been one of the major losers since topping in September. It was trading above $3 and has dropped all the way to $1. However, there might be a macro trend change coming our way.

As seen on the chart, there's only one resistance area left for ADA to break through. Assuming BTC will remain relatively stable, I don't see why ADA can't pierce this resistance and move up more.

Keep an eye on the yellow marked area. A strong break out candle from there might indicator further strength. Targets placed at recent local tops.

Happy trading!