ADA/USD about to breakout

2021年3月3日

This depends on what direction bitcoin will move. Got a nice looking symmetrical triangle here. These tend to break up in a bull market. You could either short or long this breakout, but I'm personally going long.

2021年3月3日

註釋

You can't really see it from this view, but I just noticed some hidden bullish divergence on the RSI and Stochastics 4HR. There's a bearish cross on stochastics as well, but this triangle is getting tight. It's about to break out.

2021年3月4日

註釋

Jerome Powell didn't address the market the way the market wanted in regards to bond yields. This dropped all markets, and therefore invalidated the pattern.