Cardano is moving in an uptrend channel and the price has now reached the upper boundary.
On the 4H Timeframe, the TD Sequential indicator has formed a reversal signal downwards.
Price is testing 50EMA as resistance (4H TF)
On 30m TF the ADA and RSI have formed a bearish divergence.
I expect a correction if price holds in the channel.
On the 4H Timeframe, the TD Sequential indicator has formed a reversal signal downwards.
Price is testing 50EMA as resistance (4H TF)
On 30m TF the ADA and RSI have formed a bearish divergence.
I expect a correction if price holds in the channel.
