🔥 ADA Potential Bearish Wedge Break Out

By FieryTrading
Updated
With BTC dropping as we speak, now is the time to look at some bearish patterns in the altcoin market. One of them being ADA.

ADAhas been forming a bearish pennant since the big drop last month. In case we see a strong bearish break out of BTC in the coming hours, ADA might be a nice potential shorting opportunity.

Happy trading!
Comment
ADA is highly correlated to BTC. Wait patiently for a break out in the case that a strong BTC reversal will occur.
ADABitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsTrend AnalysisusdtWedge
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