$ADA - Ready to Fall Down.

20. Aug. 2019

ADABTC chart has formed a reversal pattern "Diamond". The resistance of this pattern intersects with the strong resistance which has falsely broken three times before. After these fake-outs the price has been dumping heavily. So, in my opinion, ADA is ready to continue its fall down. The good entry point in SHORT position will be the resistance level at the 0,00000480. Targets are 0,00000435 & 0,00000400.