Look at the RSI & the price movement, it's likely that ADA will fall and retest the previous support. And the biggest support that I believe Ada will not break is the range between 0.034$ - 0.036$. After that Ada will form a "Cup and handle" pattern. If it rises up to retest the neckline, it will then form the "inverted Head and Shoulder", both are very strong reversal patterns with a same target at around 0.06$, so it's almost a 80% profit for a super safe trade.
So how to play this one:
- layer your buys below 0.036$
- Take profit at above 0.06$
So how to play this one:
- layer your buys below 0.036$
- Take profit at above 0.06$