dancingdunza

ADA/USD inverted head and shoulders

Long
dancingdunza Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
How much longer will ADA/USD consolidate within this current range?
I feel like something will give in the next few days.
Looking at the 4 hourly an inverted head and shoulders pattern has formed within the bullflag, MACD is about to cross over.
Comment:
broken resistance trend line which now has formed support Price has bounced off support and looking at moving to the next leg. Target $1

Remember to delegate your ADA to RAIN POOL

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.