Cardano
ADA/USD
1H
The price develops a descending channel, the price needs a more strong move for the certainty of breakout.
A descending channel suggests a reliable signal that can be used to spot a countertrend succeeding the current trend in case if price breaks out to the the upside.
Adausd to increase bullish potential to the 0.17 level as the cryptocurrency challenges 0.167 hurdle.