As it is shown, the price had a great reaction to Fibo 0.618 which is a very important one of Fibos and mostly the price tends to stop and reverse. which ADA has done it.
Now in my opinion which is uncertain, there are to possibilities,
The price either goes down again to touch the long time channel , or it goes up to the next Fibo.
My strategy:
1- If the price passes Fibo 0.382 and Green Moving Average Line crosses the Red line, I'll buy ADA and wait for it to touch 3$.
2- If the price cuts through Fibo 0.5, Then I'll wait for it to touch the channel and probably buy there.