ADA is showing strong bear bias for a potential macro triangle breakdown to 0.16-0.30 range.
Await confirmation for late entry, but for now the bias is bearish. Flip if needed.
Await confirmation for late entry, but for now the bias is bearish. Flip if needed.
Note
Would be normal for a small rising wedge break out of the current wedge to break down around the red line again, which would trigger the big move.This would coincide with a small BTC rally up,
Note
MAJOR H&S target hit after months and months with a quick reaction on the lower timeframes.Important to monitor the behaviour here!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.