Get started
ParabolicP

(ADA) Chart Analysis:Observing Inverse Head and Shoulder

Long
Cardano (BINANCE:ADAUSD)  
ParabolicP Updated   
BINANCE:ADAUSD   Cardano
Trend Analysis Chart Patterns Head and Shoulders
14
1
trendanalysis chartpattern headandshoulders
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.
Comment:
Comment:
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
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.