Bixley

ADA Analysis

KRAKEN:ADAUSD   Cardano
An analysis for ADA
A large uptrend can be drawn on the USD pair, where it aligns closely with the 200MA. The reversal has either begun, or will begin soon at the 200MA.
More interestingly, the Monthly Gaussian Channel for the BTC pair shows a lovely bullish support touch on the upper band, this supports the idea of a reversal


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.