Ascending Triangle on ADA
ADA has been forming a beautifully well defined rising triangle and is looking like it may have the potential to make another stab at the upper trend line, as always, waiting for a break out and pull back for confirmation before taking a trade.
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PA has made a break of the .618 and is looking for support above this level, 4 levels of strong resistance above still to break, for me this only means better support when broken , to reach the ascending triangle target.
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Target in sight, PA moving beautifully on ADA, If PA is able to find support above the 1.618 we could hit higher upside targets.
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Target met!