The price on the ADA chart broke through a symmetrical triangle and corrected by 14%. According to the rules, the target is the height of the triangle. This is 22%, the level of $1.66. It is unknown if this pattern will work out completely, but the best scenario for buying is the re-low of $1.68 and the breakdown of the trend line.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.