ADA potentially continuing downtrend to $1.00 Part 1
Excuse me for mistakenly unplugging my device which caused the recording to stop on its own. I will quickly follow up on it to finish what I have started.
ADA has retraced 0.618 from its all time high and is in serious threat of falling into a yea-long bear market that has seen altcoins correct 90-95% in the past. There remains the possibility of seeing ADA continuing its downtrend and one must observe the lower timeframes to spot any early sign of upward pressure that may bring an end to the month's long correction off of its all time high at $3.101.
ADA has retraced 0.618 from its all time high and is in serious threat of falling into a yea-long bear market that has seen altcoins correct 90-95% in the past. There remains the possibility of seeing ADA continuing its downtrend and one must observe the lower timeframes to spot any early sign of upward pressure that may bring an end to the month's long correction off of its all time high at $3.101.
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