Cardano (ADA) is mimicking BTC moves.
A falling Wedge is forming on daily chart and currently the price is sitting right on support.
Stoch RSI Approaching oversold zone + bullish Divergence can be seen.
RSI in Oversold Region. A Bounce from this area is very important or else we will see 600-700 zone as a bottom.
A falling Wedge is forming on daily chart and currently the price is sitting right on support.
Stoch RSI Approaching oversold zone + bullish Divergence can be seen.
RSI in Oversold Region. A Bounce from this area is very important or else we will see 600-700 zone as a bottom.
Note
Smaller time frame chart
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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.