Cardano / Bitcoin

ADA Price Analysis - 1D

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Currently, ADA is forming a cup and handle.

Stochastic RSI is showing a triple bottom with a recent bull cross.

RVI has been consolidating and becoming less volatile. This accumulation is being confirmed by Kijun and Tenkan.

The DI- has begun curling inwards but it's not bullish yet.

ADX signalling the trend on the daily candle is of medium strength.

A break to the upside of the handle could mean a run to the bottom of the Kumo at 3k-3.2k

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