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ZeeshanRaza

TA for ADA

Cardano / TetherUS (BINANCE:ADAUSDT)  
ZeeshanRaza Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
ADA,
candles forming above 200 EMA,
RSI at 54.
Chart seems bullish
waiting for conclusive break out from the zone of resistance!!
Comment:
The trend line was broken to the downside..
Currently the down trend needs to conclusively break the FIB Channel to predict a change in trend!!
Comment:
FIB Channel broken on 26/04/2021
Price finally moving up...
Updated Idea uploaded.
RSI above 70.
OVerhead resistance will be tested before price moves back in upward direction.
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