Couple things happening here
1) ADA found long-term trendline support
2) Bullish RSI divergence on higher time frames
3) Completion of what appears to have been an ABC correction, confirmation comes for the bounce off of the .618 fib extension of A as well as the bullish divergence
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This move ought to be followed by a wave up and the most likely target for that move tends to be the .382 of the entire completed correction
Good Luck Everyone and Happy Trading!
1) ADA found long-term trendline support
2) Bullish RSI divergence on higher time frames
3) Completion of what appears to have been an ABC correction, confirmation comes for the bounce off of the .618 fib extension of A as well as the bullish divergence
_______________________________________________________________________________________________________________________________________________
This move ought to be followed by a wave up and the most likely target for that move tends to be the .382 of the entire completed correction
Good Luck Everyone and Happy Trading!