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mrdrdn

RSI momentum does not support continued upward movement for ADA

Short
Cardano (KRAKEN:ADAUSD)  
mrdrdn  
KRAKEN:ADAUSD   Cardano
Trend Analysis Chart Patterns
5
0
trendanalysis chartpattern
RSI is losing steam. The current move upward is staring down the barrel of a reversal.

If we can hold the red channel I see a bounce happening around $1.09, if not we've got a lot of gap to fill.
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