Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ADA formed a descending channel pattern since mid-February. ADA recorded significant whale activity. Cardano [ADA] has depreciated since mid-February and formed a descending channel. But it rallied despite an overwhelming bearish sentiment as the
![Cardano [ADA] inflicted a bullish breakout- Are short-sellers subdued?](https://images.cryptocompare.com/news/default/ambcrypto.png "Cardano [ADA] inflicted a bullish breakout- Are short-sellers subdued?")
