ADA on numerous supports
ADA is on channel support, 4 hr 200 sma support with the 200 ema at 0.99, the 12hr BB support, 5 wave count down, and a perfect 1.0 fib extension all confluent around 1.03ish. ADA is also printing a intermediate Wyckoff accumulation pattern, which this would be the bottom of the retrace. ADA is under the mid line BB on the daily. ADA needs to get a daily closure above $1.12 real soon to keep the bullish momentum.
All this support could very well be invalidated by Bitcoin though....
All this support could very well be invalidated by Bitcoin though....
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