Brother-Doug

Possible ADA inverted head and shoulders scenario "LONG" UPDATE

Short
Brother-Doug Updated   
Small H&S forming , right shoulder completing with a possible low $1.20-$1.22. If this holds we will continue Bullish to $2.40 in the next week. Worst case scenario, be prepared if neckline breaks we could possibly see our $1.00. Though there is too much support around $1.20, I can't see that happening. Good luck and I hope you all enjoyed you new year.
Trade closed: stop reached:
Stopping at $1.25 to $1.23.. buy or wait.
Trade active:
Alright guys hope this holds, shoulder complete, next resistance check $1.45. Possible breakout to $1.50. Looks good.,good luck and happy trading. Remember if this Bombs, we're looking at Washington's face on this coin before we see upward movement again.
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.