TA for ADA

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ADA,
candles forming above 200 EMA,
RSI at 54.
Chart seems bullish
waiting for conclusive break out from the zone of resistance!!
ノート
The trend line was broken to the downside..
Currently the down trend needs to conclusively break the FIB Channel to predict a change in trend!!
ノート
FIB Channel broken on 26/04/2021
Price finally moving up...
Updated Idea uploaded.
RSI above 70.
OVerhead resistance will be tested before price moves back in upward direction.
Chart PatternsTechnical IndicatorsTrend Analysis

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