Potential symmetrical triangle setup on ADA
Ada looks to be ranging under resistance, this is usually bullish and leads to a breakout to the upside.
The break out of the symmetrical triangle is around the $1.15 area.
Btc seems to be in charge and alts look a little flat, so a spike in volume is needed.
Buy in on a restest would be perfect if the initial breakout volume is weak.
The break out of the symmetrical triangle is around the $1.15 area.
Btc seems to be in charge and alts look a little flat, so a spike in volume is needed.
Buy in on a restest would be perfect if the initial breakout volume is weak.
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