During the sell off ADA
broke below some major support but didn’t quite dip to the next lever before BTC
started heading back up. ADA
had a strong recovery. Although we had a sell spike, bulls have won the day. Price is currently testing the down trend line
. If it breaks above and stays above on the daily then it shows market conditions are turning around. If not I expect a drop back to my buy in price.
Wait for a bull confirmation on the breakout before adding to my position.