Little bit of a rising wedge on the hourly since this morning. Volume has thinned and Stoch and RSI are both topped out. Probably gonna have to come back down to 5300-5400 which coincidentally converges with the EMA 50, 100, and 200. That's a good sign for a future impulse up to test the 6k range.
See my previous analysis for more details on ADA needing to touch and ride the EMA 200
See my previous analysis for more details on ADA needing to touch and ride the EMA 200
Note
Previous Analysis-
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.