#ADAUSDT On the bottom of the ascending channel

The Cardano is on the very valid ascending channel in In four-hour timeframe. The floor of the channel with more than four collisions and the ceiling of the channel with more than 5 collisions are approved. In addition, we can see a Positive Divergence in the RSI oscillator. the Stop loss and Resistance lines are clear on the analysis picture. This analysis is a personal opinion and It should not be the basis of your decision. If you trade in the short term, please adhere to the stop-loss zones. Always be victorious.

Comment:

According to the previous analysis, this symbol seems to be at the beginning of its fifth wave. Therefore, price growth up to 50 or 61.8% levels is very likely, although the main goal is the 100% channel level.