The bullish momentum at the start of July '20, gave ADA the strength to smash through the weekly order block between 1000 and 1100 sats. This created the opportunity for a long entry in this area, if there was a successful re-test and hold. However, ADA has not been able to hold this significant level and has broken through to the downside with a solid close on...
XBTUSD has broken to the bottom of the H4 ascending triangle structure that we have been forming since the start of August 2020. Since then, we have re-tested the underside of the trend and rejected, and have progressively been making lower highs and lower lows. We have now formed a parallel channel, creating a trending short opportunity, with a target at the...