The Fib retracement shows that the price had a dump and got corrected to a new support area, and now it's getting support
from the local support/resistance area. The market is showing SELL volumes for ADA.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next
resistance, and use it as a TP point. The RSI shows that ADA is below the 50 levels, the center.
