BallstreetWets

Reputation Gathering: ADAUSD number 3

KRAKEN:ADAUSD   Cardano
Hi, just trying to pump out more charts so I can eventually chat with the apes.

1) As we all know, ADA weathered the crash like a pro and is mid route to the moon. That said, looking over the daily, things are a bit on the 'IDK' what with the double doji formation: Long legged, followed by doji star.

2) Volume is down, but there is a lot of movement all across the markets today as bulls attempt to break out of the nasty bear run last week.

3) Stochastic RSI is supporting the Ichimoku cloud formations with with the K crossing over D and the 50% mark while the price stays ahead of the cloud formation. Lagging span is a little iffy but could be volatility.

All in all, I'm still bullish on ADA.
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