ADA/USD is moving to the downside aggressively now, holding below the 4H 50 moving average. The RSI is pointing to continued downside, and we are targeting the 61.8% Fibonacci level extension.
Downside Target: 1.400
Violated Above: 2.100
TA looking good I believe within the correction we had an expanded flat through W. X is also complete. Now Y possibly a zig zag maybe triangle time will tell. Orders at $2 for now. 4HR
ADA is consolidade on the 134$ level a few months in that level puting RSI into oversold and moving averages aligned with volume.
We see money flowing from top coins down to next ones in the TOP 10.
Bitcoin ---- goes up.... and side ways... then...
ETH .... goes up... and slows down...
...
ADA is the next in the queue.
Good luck!
