ADA SHORT, macro triangle breakout incomming

ADA is showing strong bear bias for a potential macro triangle breakdown to 0.16-0.30 range.

Await confirmation for late entry, but for now the bias is bearish. Flip if needed.

Kommentera:

Would be normal for a small rising wedge break out of the current wedge to break down around the red line again, which would trigger the big move.

This would coincide with a small BTC rally up,

Kommentera:

MAJOR H&S target hit after months and months with a quick reaction on the lower timeframes.

Important to monitor the behaviour here!