ADA – Almost back in business

ADA has closed its 4hr candle above its Ichimoku Cloud , avoiding a Conversion Line/Base Line cross and another drop into the Bearish Zone of the 4hr chart. It looks promising we’ll see ADA break back out of its Ichimoku Cloud Equilibrium Zones on the 3hr and 2hr charts. Once ADA gets back into its Bullish Zone on the 1hr chart, we are back in business. ADA is also approaching its Bollinger Bands middle band on the 4hr, so a good sign is if we close above the middle band and that becomes support on the 4hr as we have done on the 1hr and daily charts . Good luck