Div_Trader

Cardano (ADA) - Critical Price point | Falling Wedge

Div_Trader Updated   
BINANCE:ADABTC   Cardano / Bitcoin
Cardano (ADA) is mimicking BTC moves.

A falling Wedge is forming on daily chart and currently the price is sitting right on support.

Stoch RSI Approaching oversold zone + bullish Divergence can be seen.

RSI in Oversold Region. A Bounce from this area is very important or else we will see 600-700 zone as a bottom.
Comment:
Smaller time frame chart

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