ADA breakout

ADA Update

Ada has broken out of the symmetrical triangle to the upside creating a new high and creating a break of supply with higher volume showing buyer intension.

Daily look good with nice marubozu candles with little sell side pressure, would like to see a retest of the outer triangle to confirm upwards intention and continuation.

I posted this long setup back on October 13th with a sniper entry on the lower structure of the triangle based on my TA and the formation of higher highs and within a demand zone for a bullish continuation.

Currently running in 2R profit, you could look to take profits here to become risk free and leave the rest running.