ADA/BTC Cardano Tea Time?

23 May 2018

Yet another good looking cup and handle formation. Currently oversold at 23 RSI, sitting right below the 50-day moving average and in a good spot to start the upswing any day now after finishing up consolidation period, low volume so the bull can take place and run it up. Probably a good time to buy in couple of days once it breaks the resistance at 2900. Should be seeing some gains the next few weeks.

Happy trading!