GUYS, im excited to share this with you! This is a falling wedge on the daily timeframe of ADA/BTC and we are on the verge of breaking it this time. Whether we break it today or get rejected today, there is one thing thats guaranteed and its that the breakout is inevitable. a breakdown should be impossible as it would mean that ada/btc would drop to like 0.00001...
No entirely sure if Mr. Whyckoff would agree with upper resistance lines so far apart but let's see how this plays out..
ACABTC Entries Exits and Take Profits! - We're currently in a Range and this is how you trade a Range. Remember this is just and idea so make sure to do your own research and Technical Analysis before entering any trades.
ADA nearly made it but got stopped by nasty stocks dump. Now growing there again. Breakout above can take it to the next resistance at 3600-3800.
ADA is not just bullish against USD but also against BTC which makes it to go to pair to trade in the crypto world.
ADA is really a Sleeping Dragon, in my opinion; and she will smoke all the resistant lines to the top... Beware of Accumulation Areas and watch it for the next ADABTC moves ;)