The last idea of a triangle went down together with BTC, but, the good news is that the price holded well the price altough the correction in BTC
Maybe if BTC finishes it's correction by consolidating or going up again we'll have a new bull wave.
After being for a while in a downtrend channel, ADA may be experiencing some exaustion candles as marked in the chart, most probably stop-loss candles than really selling candles that are followed by more distribution and not more selling.
If we get a good breakout, is expected some retrace near 0.5 fibonacci and our potential target is 930 satoshis.
After some very aggressive bull pressure in the end of the week it's time for some "calm down" moments, distribution.
If buyers think it's valid and go aggressive again, an up breakout could occurs and reach our target.