ADA - Healthy pull back expected.
ADA has had a super run. However, the 4H RSI and Daily RSI are in the over bought zone. Expecting a healthy ABC correction as indicated on the chart.
Accumulation zone could be anything between, however, this would really depend on how BTC, it's big bro is performing.
0.5Fib - .00002426 BTC
.618 fib - .00002266 BTC
Any bullish move from BTC above 8500 will likely lead to a lesser retracement for ADA and most alts.
Happy Trading!
Always, DYOR!
If you agree / disagree or would like to share a view, please give us a thumbs up and write us a comment.
Cheerz!
Accumulation zone could be anything between, however, this would really depend on how BTC, it's big bro is performing.
0.5Fib - .00002426 BTC
.618 fib - .00002266 BTC
Any bullish move from BTC above 8500 will likely lead to a lesser retracement for ADA and most alts.
Happy Trading!
Always, DYOR!
If you agree / disagree or would like to share a view, please give us a thumbs up and write us a comment.
Cheerz!
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