ADAUSDT: descending triangle for rising
The ascending triangle was formed at the beginning of September 21st. As we can see, the price made a big drop then entered into a platform. Then, it became a descending triangle.
I would consider this descending triangle a bullish signal.
Although we have this bullish triangle, we still have to face other indicators.
The MACD has no signal for bullish, so as the RSI.
The Bollinger Bands seem to show some upward trend, at least we can see the lower band is going up.
Let’s wait for the price to go up
I would consider this descending triangle a bullish signal.
Although we have this bullish triangle, we still have to face other indicators.
The MACD has no signal for bullish, so as the RSI.
The Bollinger Bands seem to show some upward trend, at least we can see the lower band is going up.
Let’s wait for the price to go up
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