The analysis focuses on ADA/USDT, examining a potential 1-2 setup on the daily timeframe. It highlights data quality issues since October 10th, creating confusion due to varying low points across exchanges. Despite this, the analyst notes a corrective pullback into a support zone. Using Kraken data, the range from the October 10th low of $0.42 up to $0.74 is used to establish a Fibonacci zone between $0.473 and $0.593. A rally could start from this zone. A break above the green line at $0.715 is minimally needed for a bullish confirmation. Trendlines need to be broken at $0.80 to $0.92. A level of $0.473 acts as key support. On the hourly timeframe a possible five-wave move up and three-wave move down, might lead to another low, though it could also be a complex WXY structure. Without a clear five-wave move and resistance break, there's no bottom confirmation. Current resistance lies between $0.549 and $0.589. The presenter believes there hasn't been enough evidence to confirm a low.