Symetrical triangle ADAU18 (possible target 0.00001102)There has been forming a symmetrical triangle on ADAU18 (Bitmex) which normally breaks out in the direction of the trend.
Short-term trend is down, so there is a high probability that ADAU18 (Bitmex) will breakout to 0.00001102 in the next 3 to 7 days.
When it breaks up the target will be 0.00001831. Remember to keep an eye on that possibility as well.
For the highest probability of making money, wait with your long or short position until breakout is confirmed (Watch for price breaking out of the triangle).
I will try to keep you updated as the trade develops.
Note: I am not your financial adviser... Just want you to ride along on the trades i make... NEVER use money that you need for other stuff ;)
ADAU18
cardano correction nearly donethere is a possibility it falls below the green box but the calculations of the upper box being the bottom of the current subwave, the blue line being the double bottom and all time low, and the lower green box being 2.62 of the whole wave structure down. dyor but this is a strong looking zone for $ada
