Potential descending triangle forming on ADA
Ada is forming a descending triangle on the 1 hour chart.
A breakdown will lead to the $0.85 level.
I will wait for a close below the white support line at the base of the descending triangle before entering the trade, confirmation is key.
I'm still bullish long term on this coin but pull backs are welcome in bull markets.
A breakdown will lead to the $0.85 level.
I will wait for a close below the white support line at the base of the descending triangle before entering the trade, confirmation is key.
I'm still bullish long term on this coin but pull backs are welcome in bull markets.
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