ADA is in a great pullback buy zone. As I always say these trades have the highest probability of working in our favor. I will be buying the .618 fib and the entire green zone shown in the chart.
If we fall though the green zone then I will be selling most of the position in the red zone.
We can almost always expect a bounce from here.
If you are day trading then we can take profit around 0.00005800-0.00006000 and then we will analyze from there.
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Profitable buy.
Will be posting a new chart with updated analysis.