Ryecatcher

Potential IH&S within a bull flag ADA/USD

Long
KRAKEN:ADAUSD   Cardano
Ada is forming a small IH&S with a larger bull flag on the 4hr.
Waiting for a confirmation of the close above the neck line.
Target is around the $0.44

We have resistance at around $0.385 (blue line) a clear close above that line on the 4hr will bring further credence to another leg up.

Stay safe trading as always.
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.