ADAUSDT:BREAKOUT NECKLINE! IS IT A TREND REVERSAL/FALSE BREAK?
Hello Traders, here's your free outlook for ADAUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ADAUSDT is breaking out of the inverted Head and Shoulders. Breakout of Inverted head and shoulders may indicates a trend reversal on H1 timeframe. The momentum indicator remains pointing up in the overbought area, this could indicate a potential upside movement ahead to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
ADAUSDT is breaking out of the inverted Head and Shoulders. Breakout of Inverted head and shoulders may indicates a trend reversal on H1 timeframe. The momentum indicator remains pointing up in the overbought area, this could indicate a potential upside movement ahead to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
Trade closed: stop reached:
Watchout ADAUSDT may continues moving in bearish bias.
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