BaghdaddyKane

ADA/USD (Maybe we're jumping the gun).

BITTREX:ADAUSD   Cardano
Everyone's banking on this ascending triangle (A), but if that's our gauge, (B) makes more sense to me for a breakout. Buyers at support. RSI cools off. Upshot isn't so narrow. Fuller pattern, stronger foundation for a breakout (which, when successful, usually occurs right about there within said pattern (C).

In other words:

(A) shows an ascending triangle on the daily frame.

(C) shows the same pattern on a weekly frame, which is likely a more reasonable guide for several reasons (e.g. Bitcoin being so overbought).

(B) is where a breakout would most likely take place within (C).

Just a cautious thought. At any rate, don't forget those stops.

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