Ada breakout confirmed, but formation is brittle.
I called a long on ada earlier and have ridden it up to here but the channel is a thin and brittle one.
This may not hold up so well, and there may be a heavy retracement.
A lot of this will likely be BTC correlates but the landscape is nice for ada scalping.
Not totally sure what to do at this point - the thin upward channel is not a sustainable pattern and will be broken as a brittle structure.
Will monitor and staying long, but I'm ready to take profit on a headwind.
This may not hold up so well, and there may be a heavy retracement.
A lot of this will likely be BTC correlates but the landscape is nice for ada scalping.
Not totally sure what to do at this point - the thin upward channel is not a sustainable pattern and will be broken as a brittle structure.
Will monitor and staying long, but I'm ready to take profit on a headwind.