ADAUSDT Inside Bars/ Confluence Zone

BINANCE:ADAUSDT   Cardano / TetherUS
Potential Price Explosion

Confluence Zone
- Daily Inside Bars
- Holding 12/26 EMA- common crypto setting
- tightening and holding below 50 MA- if breaks resistance becomes support
- ascending Triangle
- PRZ- potential reversal Point set at $0.06
- falling wedge- BULLish
- BULLish divergence RSI/ MACD

Oct 01
Comment: Watch for stop loss hunter's. Be wise and use a loss stop. Lower volume and high volatility= random price movement.

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