✴️ Cardano Bollinger Bands | Risk/Reward 9.51

Cardano (ADAUSDT) has gone out of the lower band so get ready for a bounce.

The upper band on the daily timeframe stands at 0.3466... We are talking about the Bollinger Bands (BB) indicator.

Yesterday's candle closed outside of the band, when this happens we normally have a reaction where prices move in the opposite direction.

Additional details on the chart.

Namaste.