Buying volume looks weak. Continuation is likely. These are good places to open shorts.
Broke down from rising wedge but large amount of selling volume is being absorbed. Original target has yet to be hit.
It's been spotted a few times now, this descending wedge might be the last time to take a long trade for the next few months.
ADAUSD is entering into a large demand zone. Should be prepared to scale in around this price point over the next few months. Also stay concious of down trend could be important in future.
Ascending Triangle Weekly Golden Cross Major Resistance Broken
Major demand zone, accumulation advised.
Descending buying volume on rising price after break down from bearish pennant. + Stoch RSI