Description
⋅ 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.
Comment
⋅ 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,
Comment
⋅ MAJOR H&S target hit after months and months with a quick reaction on the lower timeframes.
Important to monitor the behaviour here!