ADA has been clobbered vs BTC like almost all Alts. Fibs indicate possible bottoming process completed. It currently at a key resistance zone worth watching.
There are several Fibs in play, all from the drop. The various time frame charts allow closer views. Clusters are most important landmarks to obverse.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
(caught the EXACT bottom) (caught the spike) (near perfect plot) (caught the EXACT top) (great entry, massive profits) (instant Profits, no drawdown) (massive Profits, breakout entry) (massive Profits, short wait) (massive Profits, instant Win) (PERFECT targets, massive profits) (EXACTLY on time) (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Breakout looks to be underway that exact bounce (green arrow) off the blue 3.618 looks very good thus far.