ADA is has been forming wedge in the 1H chart. MACD is at a critical area. We seem to be making a bearish crossing here. We can expect to see more downward pressure if we break the support of this wedge . If this plays out we can expect to see a retracement towards the .5 and even .61 levels.
If ADA breaks wedge towards the upside. We can expect to make an attempt to touch upper horizontal resistance levels.
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