Cardano / TetherUS
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ADA (Another) Ascending triangle

241
Short term

Probably some neutral sideways price action coming ±2 days.

- Stuck in a narrow channel of converging trend
- Giving the RSI some time to cool down slightly

Longer term

Price seems to want to go up a little further and if so will probably get stuck at the head and shoulders neckline.

- Ascending triangle
- Bullish sentiment is backed by the large inverse head and shoulders formation
- Price above 100MA
- Bullish divergence on RSI

Feel free to correct me if I am mistaken with some of the tools!

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