xtremerider8

ADA broke support; Max Pain zone at 0.417 to 0.27

Short
BINANCE:ADAUSD   Cardano
ADA broke the yellow consolidation box with a big red weekly candle. It also broke below the slanted Fib Channel base.
0.27 is a 200% retracement of the most recent rally & also a 1.618 Fib Ext of the ABC from ATH.
Not trading advice

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