$ADA good evening followers, I am back!! here is my analysis after the abrupt drop and confirmation of the triple top that had formed in price ranges of $0.85 and $0.80 pushing towards the ranges of $0.72 with the impetus of taking positions directly to the area of $0.75 the price is currently moving in a consolidation zone of an upward trend, which could confirm a fourth wave of buying from the range of $0.50. the third wave had a target of $0.73 from here it is expected that the price will go towards $1 key points to analyze, the price moves within a descending channel, if the price breaks $0.78 with consolidation of the channel break we will visit $0.90 with possible targets at $1 - $1.10 get your positions ready with a maximum leverage of 10x to 20x strong buys, price range $0.70, $0.71, $0.72, $0.73... if you did not manage to enter in these price ranges wait for the trend to consolidate and you can enter at $0.78! possibly the price will not go down further, if there is an opportunity for the price to return to those ranges do not hesitate to enter, we are going to the moon!
$ADA I am buying 0.78 but in reality the momentum is not seen at any moment it seems that rather we have a triple top formed with bearish momentum, and 0.78 seems to be its confirmation there is no strength for it to at least touch 0.80$
$ADA It seems to me that the price is being dragged down to 0.77. The bears will push the price down to 0.75 looking for liquidity. I recommend that those who are over-leveraged avoid being liquidated, those who are already in losses should exit, and those waiting to buy should look for shadows on the bearish candles to start positioning themselves.