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AlanSantana
Jun 15, 2022 12:47 PM

Cardano/ADA Inverse Head & Shoulders Moves Ahead vs Bitcoin Long

ADA / BitcoinBitfinex

Description

Some people are wondering if Altcoins will recover or when will they recover and so on...

Cardano is already recovering and remains printing higher highs and higher lows since Mid-May.

This is true for ADAUSD and ADABTC.
(Check the related ideas below for a full leveraged trade for the ADAUSD pair)

Here we can see the inverse Head & Shoulders Pattern.

Prices trading above EMA50 with a very strong RSI.

Cardano can continue growing in the weeks to come.

Namaste.
Comments
Valentin_de_Cryptarimathie
Vasil hard fork has just been delayed.
Solldy
The idea looks good, but I'm not sure that in the current market these formations will work. Thanks for the work, but I'm skipping
ppip
@Solldy, since a btc pair why not
MillionaireEconomics
More downside possible. I'm ready!
ppip
@CRYPTOPICKK, ha ha
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