Expecting a bullish outbreak out of the triangle formation. Current resistance is around 1.161, expecting a bullish outbreak since it is pushing current parallel channel and the triangle form. Since Coinbase is also trading ADA now and the recent drop it could jump up to the old ATH . (Once it hits 1.45 I will update whether possible long or short will occur).
For the newcomers to ADA, it has great potential with a large market cap (at the moment of writing 5th). Definitely a recommendation to keep a close eye to this coin.
I'm always happy to hear your opinion in the comments and what you think. Don't worry about thinking that it will go different, i am happy to hear your view and idea in comments. Together we can learn and improve our trading skills :)
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