ADAUSD is testing support at $1 level. Should price break through we should see further downwards movement to 0.4$.
If the support holds we should see price bounce back to $2 and $2.5-$3 levels to retest the uptrend line. We just need to wait for reversal patterns to form to then look for trades.
If the support holds we should see price bounce back to $2 and $2.5-$3 levels to retest the uptrend line. We just need to wait for reversal patterns to form to then look for trades.