ADA, candles forming above 200 EMA, RSI at 54. Chart seems bullish waiting for conclusive break out from the zone of resistance!!
Nota
The trend line was broken to the downside.. Currently the down trend needs to conclusively break the FIB Channel to predict a change in trend!!
Nota
FIB Channel broken on 26/04/2021 Price finally moving up... Updated Idea uploaded. RSI above 70. OVerhead resistance will be tested before price moves back in upward direction.
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