ADA Head and Shoulders Wyckoff Accumulation Event Long

Cardano / BitcoinBinance

Description

⋅ Mar 12, 2019 12:33 PM

Another Accumulation pattern found on ADABTC chart: Traditional "Saucer" or "Rounding Bottom" Trading Range also known as Head and Shoulders (inverted) bottom.

Price still in E phase, so there is a good opportunity to buy for holding mid term.

Targets are 1600—1800—2300—2500—3000

Trade active

⋅ Mar 22, 2019 8:49 AM

Nice breakout, I am expecting revisiting 1200-1300 area check this explanation:
youtube.com/watch?v=Fqz-2JPxhVg&t=4719s