Good signals for bull side
Cardano / TetherUS BINANCE:ADAUSDT
On weekly chart, ADA has been swing in range 0.75 – 1.2
First, that’s a positive divergence on RSI .
Second, ADA’s made a hammer candle at 0.75 and seem it’s retesting that level.
Third, seller’s volume is draining.
And finally, ADA is coming to support zone in ascending channel . That’s 0.382 Fibonacci Retracement .
ADA can down below 0.75 and bounce back to rally.
Unless, ADA might be down to 0.31.
What next, wait and see
