ADA corrected deeply. It had crossed strong support line, because BTC was still in correction.
My previous analysis:
But it fell 9% lower:
But target still stays as i believe in ADA and its community. Also I'm waiting for that redline breakout.
On daily chart we have that "Triangle Formation"
MACD is looking very good as it's crossing upwards (trend change). RSI is so-so, and ADA still has almost no volume.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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