ADA USDT 1H CHART
2 different scenario for cardano at 1 h chart
overall market in 1 h is bullish but we can see spike and break the long term descending channel and then price form the micro ascending channel after spike at 1 h chart
also we can see huge bearish divergence between price and rsi so i personally think the red arrow {bearish scenario} has more power and possiblity but for that we need confirmation... at least break the ascending channel with good bearish momentum.
2 different scenario for cardano at 1 h chart
overall market in 1 h is bullish but we can see spike and break the long term descending channel and then price form the micro ascending channel after spike at 1 h chart
also we can see huge bearish divergence between price and rsi so i personally think the red arrow {bearish scenario} has more power and possiblity but for that we need confirmation... at least break the ascending channel with good bearish momentum.