ADA crucial levels

19 nov 2022

ADAUSDT

This is a most important levels for Cardano


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Possible Targets and explanation idea
➡️On screen local chart since April drop. Fib in play and we going to touch -0.27 level 0.2761 price
➡️This zone was resistance zone in January 2021 now it play like support
➡️Like you can see we can touch -0.27 level and grab liquidity before we make a reversal move
➡️If we capitulate and market crash again next zone 0.17 cents
➡️We already passed local downtrend line with retest
➡️By Yellow line I showed potential correction to all this downside move to 0.93 cents
➡️On Direction indicator big players start accumulate ADA but no signal to buy yet

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