ADAUSDT descending triangle (NEW)

What we can see in the chart is the descending triangle which is a bearish pattern.

As the price is in the downtrend overall, we expect the price to break down.

Enter the position only if we get a break down with a volume surge.

It would be 40 % drop and the price would drop to approx. $0,26

Good luck

Kommentera:

Price is still consolidating inside the triangle.

Handel aktiv:

Price broke below the support. Now the only direction should be south

Kommentera:

Good progress. Final target still the same

Kommentera:

The price moving slowly towards the target .

Trade stängt: målet nått:

Tarched reached perfectly. Expecting a small bounce and later more downside