Cardano/TetherUpdated ADAUSD - 1D - Are you ready for a 2$ ADA?
Not a financial advisor.
If the price action channel is respected and the RSI support maintained...
I would expect 2$+ ADA if the top of the channel is reached.
Will keep a closer look above last high!
If the price action channel is respected and the RSI support maintained...
I would expect 2$+ ADA if the top of the channel is reached.
Will keep a closer look above last high!
Note
Even though, I am still bullish on the ADAUSD pair...I am Neutral/Bearish on the ADABTC pair.On the chart below, I am looking at 3 possible paths on the ADABTC pair:
Note
ADABTC RSI on is also on Support...Nevertheless momentum is directionally strong downwards!The next couple of days will clarify direction in both pairs (ADAUSD,ADABTC)!
Note
Watching current support:Note
If this ADABTC support holds, it might be very well that the ADAUSD remains above 1$ ... I suppose that we will see how strong 1$ is as a support!Note
BTCUSD reached 60K!ADABTC has not yet broken horizontal nor sideways resistance nor upwards trendline. Awaiting a closure on this triangle formation.
Note
There were some news leading to this pump considering the Coinbase Pro listing...Still I don't care much about the news...look at this RSI!!!!!
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