Clarification: 1. I am hoping ADA will recover and perform well. However, hope is not a trading strategy; this chart is mega-bearish. 2. The chart is on the weekly TF, but the EMAs are the Daily EMAs. Analysis: 1. ADA lost the upward-sloping trendline on April 2nd. 2. ADA was unable to reclaim the uptrend on April 8th. 3. As a result, ADA dropped to its initial support level of 45 cents. 4. Should ADA fail to reclaim the trendline, it is in danger of completing a Head and Shoulder Pattern on the weekly TF. 5. The Pattern’s target is 8-cents. Initial Invalidation: • Reclaim the trendline and the daily EMAs, whichever comes first. Final Invalidation: Make an HH above 82 cents. Best wishes