(ADA/BTC chart analysis) ADA accumulation range almost reached.

175
After piercing below the 200 daily SMA, ADA retraced to the 61.8% Fib retracement level, before eventually falling below the 61.8-65% (golden pocket) interval -- turning the ~61.8% Fib retracement interval (previously as a potential support) into resistance.

The measured target is the green interval, which might be a good range to re-accumulate back into ADA.

If ADA falls below the green interval (where stop-loss should be set), next accumulation level would be the yellow box below.

Penafian

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