First off, indicators are never 100% accurate, so don't take this as a guaranteed outcome.
Right now, ADA has flashed a ๐ฉธ Blood Diamond ๐ฉธ on the 8HR chart. It may not necessarily be as violent as the drop from 9/7, but it could indicate that some further downside could be expected in the near future.
Again, this is not a guaranteed outcome, but just an indicator to follow for those looking to potentially re-enter at a lower price.
Watch these support levels as charted above.
This is not financial advice. These are just my ideas and opinions.