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Acrome77

ADA - USDT can recovery fast

Long
Cardano / TetherUS (BINANCE:ADAUSDT)  
Acrome77 Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Wedge Oscillators Moving Averages ADA usdt bollingerbandstrategy Relative Strength Index (RSI) shortterm
6
4
wedgepattern oscillator movingaverage ada usdt bollingerbandstrategy relativestrengthindex shortterm
As we can see price is sitting on the support of the falling wedge
RSI on 4H is forming a bullish divergence
RSI on Daily oversold
Lower Bollinger Band broken -> expected reversal

I expect short term bounce to 0.2790 and a fast recovery in the next weeks
Trade closed: target reached:
all target reached
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