Cardano
ADA/USD
1H
It seems like a rising wedge arises, the price is ready to break out now.
A rising wedge depicts a price pattern that is angled up that is used to spot a bullish-to-bearish trend reversal when price collapses through the support line.
It is likely that a move to the 0.236 level will be made as adausd is at a brink of a bearish breakout.