Cardano (ADA) has tested the long term ascending support 4 times now, which AFAIK implies that it's quite a trustworthy support. Also, it tested the descending resistance twice now, three time's a charm (?).
Furthermore, we're currently in a supply area, above the 50 EMA moving into the apex of a descending wedge.
Downside however, is that volume is pretty low.
Your thoughts?
Furthermore, we're currently in a supply area, above the 50 EMA moving into the apex of a descending wedge.
Downside however, is that volume is pretty low.
Your thoughts?