Cardano
Short
Updated

ADA SHORT, macro triangle breakout incomming

358
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.
Note
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,
Note
MAJOR H&S target hit after months and months with a quick reaction on the lower timeframes.

Important to monitor the behaviour here!

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