It's just that the stochastic and RSI are in the overbought zone, and the volume is less than yesterday's
Maxim S
--
🚀 Cardano (ADA) is preparing for a powerful movement!
On the daily timeframe, ADA has broken out of a contracting triangle pattern, indicating the possibility of a strong upward trend movement.
📊 Current price: 0.9146 🔼 Upper boundary of the triangle: ~0.9100 (broken) 🔽 Lower boundary of the triangle: ~0.5400 📈 Maximum in 24h: 0.9777 📉 Minimum in 24h: 0.9011
Possible growth targets:
TP1: 1.05 (nearest resistance and psychological level)
TP2: 1.20 (target based on the height of the broken triangle)
TP3: 1.50 (global resistance zone and continuation of the impulse)
👉 If ADA settles above $0.91, the growth scenario will remain a priority. In case of a return below $0.90, a retest of the broken zone may occur.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.