ADAUSDT walking on this bullish channel - Target projection
Technical analysis regarding the price of CARDANO in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods.
Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Price has been moving respecting this upward trend. The 34-period Exponential Moving Average is somewhat distant from the price, forming upside/bottom funds and is taking a parallel distance from 89 periods.
Decreasing volume. However, it may be forming a bullish divergence in the MACD, we will be able to observe in the next scenarios.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
