Cardano Short-Term Updated (New Bullish Signals)

This is an update to the trade idea published 8-June for Cardano (ADAUSD).

We have new bullish signals.

We have this ascending channel working as a rising consolidation range, what I call bullish consolidation.

We have a higher low today, 10-June, compared to 30-June.

The higher low candle, a -8 Doji, has the highest volume since 10-June, signaling strong buying pressure.

We continue bullish and expect prices to grow based on the data coming from this chart.

Namaste.

Comment:

The ascending channel has been broken.

The main support remains active, 30-June low.
Bullish above this level ($0.4353).
Bearish below this level.