After ADA double tapped and found a bottom at Fib 0.5, it bounced and consolidated a bit on Fib 0.618.
After slight consolidation, ADA seems to now be moving on a slow uptrend towards Fib 0.786.
There will be slight resistance on the solid green line, but once the bulls push through that, we are headed to Fib 0.786.
That is where ADA will prime up for re-test of March 21 highs.
If bulls can push through that, we will see another consolidation between the yellow dotted lines.
Good Luck!
After slight consolidation, ADA seems to now be moving on a slow uptrend towards Fib 0.786.
There will be slight resistance on the solid green line, but once the bulls push through that, we are headed to Fib 0.786.
That is where ADA will prime up for re-test of March 21 highs.
If bulls can push through that, we will see another consolidation between the yellow dotted lines.
Good Luck!