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Axios20

Cardano/USD//Macro Inverse Head & Shoulders/30 cents medium term

Long
Cardano (KRAKEN:ADAUSD)  
Axios20  
KRAKEN:ADAUSD   Cardano
Chart Patterns cardano Cryptocurrency
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chartpattern cardano cryptocurrency
Inverse Head and shoulders identified on 1 week timeframe with breakout target of 30 cents. This could signify the start of the alt coin rally as bitcoin settles amongst the 20 day MA. This move will be similar to the move of Cardano from the 28th of may to the summer highs of 15.5 cents. A significant retracement will be expected but will this happen in conjunction with the 3rd Goguen hard fork and arrival of smart contracts and defi to Cardano?
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