- @ 31.8, signaling is oversold.
- recently failed an attempt to cross and has since been following a downward trend. may attempt to cross again, but it all depends on BTC right now.
- have been narrow for some time, signaling a trend has formed and will continue for some time. seem to be in the first stages of widening, meaning a breakout is to come. Since we are in a , breakout may indeed be .
Cardano has a symmetrical triangle forming. BUT we also see a as well, signaling movements.
A downward has been drawn out, if can break upwards out of this channel, expect possible further movements and a potential breakout upwards past the symmetrical triangle.