apaininthecass

bull pennant formation or down trend?

Long
KRAKEN:ADAUSD   Cardano
Chaikin and premier stochastic oscillators showing some signs of upward breakout out of the pennant. Volume profile makes sense for the pennant formation and pole.

Personally going to wait to see if price breaks through the 1.26 ish level before entry (yellow ray). other notable levels are seen with the other horizontal rays.

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