ADA/USD displays a potential inverse head and shoulders pattern on the 3-day chart. If confirmed with a closing price above $0.68, technical analysis suggests a possible price target of $1.14.
Note
Note
After a significant decline in price Ada is still on the right path. Wyckoff 2.0 book highly suggested read. Otherwise the market can leave you frustrated and selling when you should be buying.
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
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USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.