pipfarmer

ADABTC rising wedge shortterm breakdown / correction in uptrend

pipfarmer Updated   
BINANCE:ADABTC   Cardano / Bitcoin
ADABTC forming a rising wedge pattern which may likely to break down to the consolidation area around the fib levels ~50 - 61.8%, there is also good support from the EMA's. This seems like a reguar correction move based on the last impulse.
After this correction, there is a good possibility for upside. this is no financial advice.
Comment:
rising wedge expanding a bit
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