$ADA in the Multiverse of Madness

If we do not break above the $0.96 now we might go down to 0.8050 then bounce back to around 0.86 then continue down the decending channel marked in red lines.

I hear that generally in September markets are bearish, this could result with a continuation in the lower trend until we hear the interest rate cuts late in September.

What this means, we can possibly go to 0.68-0.71 which sits at 0.618 Fib level from the last low were we started taking off $0.5093

This will still be within the bulish trajectory (purple line) which is the acending trend however, it might just be an extended correction.

Again this is not a financial advice, I just like the Creator commission from writing things 😂😂😂 no seriously be carefull and put SL to protect your assets

Small tip between us.. notice in this scenario how we have a double bottom at the 0.618 fib🤫 dont tell anyone 😝