Bollinger Bands are narrowing (Green Arrows) and in the past each time this occurred it has followed in an upward trend which I noted with the trend angle (Green Dotted Angle). The last arrow which is yellow is where ADA has potential to either go on another upwards run or potentially drop down to previous support. Its currently riding it's most recent support (Teal Lines) and the RSI is low along with the MACD. Looks promising and worth paying attention to over the next day or two.
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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.