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tumbler55
Feb 25, 2021 8:18 PM

ADA/BTC Bullish Head and Shoulder breakout confirmed! Long

Cardano / BitcoinBinance

Description

Cardano announced it's mary update to come for the 1st of march.
Cardano starts to deliver and becomes the new ETH.
This is considered to be a longterm hold.
Checkout Daedalus if you didn't do that yet.


Reef is having a hard time and is close to two resistance lines.
Expect a small pullback to gain some momentum for a breakthrough.
Bitcoin is consolidating which normally is a good sign for altcoins.

Enjoy the ride and don't be too greedy.

If you like the content, please like, comment and give this channel a follow.

Cheers


ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
Comments
mjgetsweird
Wow! That's pretty amazing. I swear the more I learn about technical analysis, the crazier it gets. It gives me goosebumps sometimes. This is just another example of that. Like the first time I learned about Fibonacci in markets! That things like that actually happen! lol. It's spooky. Thanks for sharing! Excited to see how high Cardano can go! :)
tumbler55
@mjgetsweird, Thanks man.
TA is amazing, but don't take it for granted to happen because it's not.^^
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