ADA on the 1h TF - Decision time

Hi all!

Good morning. Here is a quick chart which reflects the market situation. At the moment, after the dump we are gooing sideways. I mean more or less.

As you can see i have added to lines which are marking the zones of support and resistance. Yes i could have used boxes, but it is what it is. Ok take a look at the yellow dots. They are marking the touchpoints to identify the zone.

Then i added a FIB and see the next retracement level on a 0.49. If we loose the support we go lower, as always. And remember guys this is not the limbo dance. It can always go lower :-)

Cheers MC

ps: No financial advise. As always :-)