ADAUSDT

Hi Guys
Just a quick look into ADA Daily -4h Charts

ADA Still moving below the 50MA , This was rejected again back on the 17th/02
RSI is not in the over sold area but seems that bears are in control of the price. "look at volume levels" Also pressure from BTC. I recommend keeping a close look to the daily to not close below $0.9 as this could confirm a down drop further to the $0.8 zone.
If we manage to go back up the 0.236 Fib and confirm this as support we could start seeing a reversal trend.

ALWAYS look for extra confirmation on any trade

Happy trading people

(No financial advice)
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