Looking at current price action. There is a possibility that the retracement is about to stop.
Looking back from the birth of ADA. On the first day of trading ADA closed at 0.087379 on that 29nov17, then, price went up, the highest closed was at 1.36364 on the 4th of January18.
Looking at Fibonacci retracement, recently price fall below the 50% retracement level, but, climb back up. That 50% is now becomes its immediate support level (0.6118)
If price moving at the same velocity and remains above the 1x1 gann line and move out from a strong bear area to a weak bear area. There's a probability that price will be trading in between 0.9953 and 1.4320 during the 2nd week of March18.
(This is only for the purpose of technical analysis study and NOT for trading)
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