ADA is currently testing what seems to be the bottom of a parallel channel and horizontal support. If this fails we can see ADA coming down to possibly test the 0.80 cent area.
It also seems to be inside a symmetrical triangle and a break down to the bottom will be a very weak for ADA as this is very strong support. The reason being is that we can see convergence of 3 types of support and if not one of them hold it will surely turn into very strong resistance.
It also seems to be inside a symmetrical triangle and a break down to the bottom will be a very weak for ADA as this is very strong support. The reason being is that we can see convergence of 3 types of support and if not one of them hold it will surely turn into very strong resistance.