After a fast rise, Cardano was overbought.
On the 1H Timeframe, the TD Sequential indicator indicates a reversal.
The price broke through 200MA (4H TF).
Main MAs are bullish (1H TF)
I expect that after fixing under the upper border of the channel, the price will correct to the levels indicated on the chart, and it can already be a reversal point.
On the 1H Timeframe, the TD Sequential indicator indicates a reversal.
The price broke through 200MA (4H TF).
Main MAs are bullish (1H TF)
I expect that after fixing under the upper border of the channel, the price will correct to the levels indicated on the chart, and it can already be a reversal point.
