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ADA — Five Dimes a Shot

ADA has had a marvelous run these past few weeks. But time is drawing near to take a breath. The 1D chart is showing descending peaks on the RSI — very similar to BTC’s precorrection setup. A fall to ten nickels in the coming weeks would be a healthy correction that would give ADA to gas it needs to keep surging up.

Recommendation: take a majority profit, sideline it, and wait for the momentary breakdown.

Position: No position on ADA.
Chart PatternsTechnical IndicatorsTrend Analysis

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