Cardano needs more time to consolidate.

I am not holding any ADA nor planning to do so.
I think that its marketcap is overvalued in terms of other altcoins.
High hopes and so far not much output.

That said, if you truly believe in Cardano for some reason, you should trade the diagonals.
Cardano will likely go flat after surpassing the channels, and will rally afterwards.

Cheers.