$ADA Update
And there she goes.pic.twitter.com/bTS9wuhjZ8
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$ADA
Consolidating tightly. Longer the consolidation, larger the expansion.
With alts seemingly being positively correlated with BTC, the direction of the impulse will be determined by BTCs next move, which will most likely be after the monthly close.
Favourable R/R for longs.pic.twitter.com/RunuQBaaj5
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Doesn't that look like a giant bear flag? Consolidation after a drop on big sell volume
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Sure, it's consolidating after a bearish impulse, logical assumption would be the next impulse is bearish too. But as of now, with the correlation so high, I'm regarding any consolidation independent of its prior impulse. If BTC moves up, this will break up.
End of conversation
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Closed short
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looks like LPSY , I wouldn't buy into it yet if you are looking for a good R/R
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Looking good
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Longest handled on the daily ever seen
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