ADA breakout likely
ADABTC is a very legitimate project, and a potential competitor to ETH. It is a valid addition to any long term portfolio.
Currently it is nearing the end of long term consolidation triangle (blue line) and closing out a shorter term triangle as well (yellow dotted line).
Breakout is very likely for a short term play, otherwise you can stop loss at 312 sats if you do not want to hold it for longer.
They also have an update coming on 30th November as per their roadmap: cardanoroadmap.com/
Currently it is nearing the end of long term consolidation triangle (blue line) and closing out a shorter term triangle as well (yellow dotted line).
Breakout is very likely for a short term play, otherwise you can stop loss at 312 sats if you do not want to hold it for longer.
They also have an update coming on 30th November as per their roadmap: cardanoroadmap.com/
Trade active
Breakout from triangle completed, have to watch where it goes now, unlikely to reach 450 sats straight away
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.