Altcoins market keeps plummeting more and more.. but!
Sharing daily chart of $ADA we can see a.. not sure if ascending or descending triangle. 2 years ago I would say this is going to break down.
However, given the phase we are in, beginning of next bull run and an already 50% drop from this year's ATH, plus being almost All Time Low ada/btc, my predictions/hopes are it will break up. Nevertheless, beware of fake breakouts of the channel. If it breaks up and closes daily candle, it should be safe to say we're going all the way up for the next weeks.
Just my opinion and research. Do your own research before deciding on an investment.