UnknownUnicorn1444395

ADA/BTC Ascending Triangle

BITTREX:ADABTC   Cardano / Bitcoin
Ascending triangles is a bullish chart formation. It's a continuation pattern and breakout is usually though the top of the triangle.

Long if the price breaks above the top of the pattern - profit target of 560 sats ( 0.00000560)

In this case the breakout is not backed by volume ( breakout lacks strength) so waiting to see volume before entering trade
Trade active:
Well, we saw the volume we were waiting for!
Trade active:
Still going - PT moved
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.