ADA/BTC
ADA has dropped over 25% from the top 690 sats area. The price has now reached the average zone and gold Fib 0.618.
Current price levels coincide with the previous resistance zone and have the potential to flip this into new support if ADA can break this descending trend-line resistance.
I need to see ADA hold this current price for the next 4-7 days to decrease the downward pressure from the bears.
If you are looking to play this on the Long side. You must have patience and wait for the right confirmation before pushing the green button.
ADA has dropped over 25% from the top 690 sats area. The price has now reached the average zone and gold Fib 0.618.
Current price levels coincide with the previous resistance zone and have the potential to flip this into new support if ADA can break this descending trend-line resistance.
I need to see ADA hold this current price for the next 4-7 days to decrease the downward pressure from the bears.
If you are looking to play this on the Long side. You must have patience and wait for the right confirmation before pushing the green button.
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