Good signals for bull side

30 באפר׳ 2022

On weekly chart, ADA has been swing in range 0.75 - 1.2

First, that's a positive divergence on RSI.
Second, ADA's made a hammer candle at 0.75 and seem it's retesting that level.
Third, seller's volume is draining.
And finally, ADA is coming to support zone in ascending channel. That's 0.382 Fibonacci Retracement.

ADA can down below 0.75 and bounce back to rally.

Unless, ADA might be down to 0.31.

What next, wait and see