ADA U-Turns

ADA previously trapped inside a falling wedge and making lower highs, it broke out from there on November 03, 2021, to $2.14. A sudden reversal and high selling pressure dropped prices back to almost the lower brink of the wedge. 

ADA has local resistance at $1.995 in a 1-hour chart, a lower timeframe. The price is again breaking above the wedge pattern to the local resistance area. The next major resistance lies at fib 0.5 near $2.04 and support is at $1.90 and $1.80.