GerryB

ADA Daily 1

KRAKEN:ADAUSD   Cardano
ADA is looking very bullish on the daily.

1. Pressure in top yellow indicator has printed, although weak at the moment. (not a direction indicator) Need to confirm possible direction using other indicators.
2. Trend Exhaustion is increasing with more room to the upside
3. Money Flow is increasing sharply which is in sync with the exhaustion
3. RSI, Stoch and MACD is bullish
4. Might see a break above the 50 MA
5. Overall good momentum currently

Have a nice day and kindly like the content if appreciated. Thanks

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