ADA: Cardano Near Breakout: H&S Reversal Pattern in Play
ADA is about to complete and reverse the Head and Shoulders pattern. The price is currently rising to test the neckline of the pattern, which is also the strongest area for buyers.
Once this area is broken, we can see ADA rising in a clear way, it could start an upward movement this time since it is also very oversold.
Targets:
0.46; 0.49; 0.54 and 0.6
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ADA is about to complete and reverse the Head and Shoulders pattern. The price is currently rising to test the neckline of the pattern, which is also the strongest area for buyers.
Once this area is broken, we can see ADA rising in a clear way, it could start an upward movement this time since it is also very oversold.
Targets:
0.46; 0.49; 0.54 and 0.6
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.