ADA scalping week continues.
ADA appears to be trading in a descending triangle. BTC is trading into a symmetrical triangle so may push ADA up and out of the channel.
If ADA breaks out, go long there with the BTC correlation (.7) as it will run up with BTC to test 23k.
If BTC breaks to the downside, you can probably trade the short into the bottom of the channel
ADA appears to be trading in a descending triangle. BTC is trading into a symmetrical triangle so may push ADA up and out of the channel.
If ADA breaks out, go long there with the BTC correlation (.7) as it will run up with BTC to test 23k.
If BTC breaks to the downside, you can probably trade the short into the bottom of the channel