ADA DCA Target
Before we begin, let me state that this isn’t a short signal. This will be more of a DCA guide. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones. Ada is in a critical zone right now. It’s sitting at a fib level with very little support. The failed rally at the 200 EMA (weekly) indicates that it was an exit pump and the next retest of .72 will break. A good accumulation zone will be around the 34-38 cent area. We have strong support along with a fib that can secure that bottom target. RSI and MacD are just getting started on the higher time frames.

