It looks like ADA has found support at the previous resistance level. Plus price is now forming a strong reversal pattern with the strong red candle down followed by a small green candle up. This could be foreshadowing of a nice reversal to the upside.
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Disclaimer: This post is for educational purposes only. Trading is at your own risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.