Traderzerodegree
Long

ADAUSDT - Inverse H&S

BINANCE:ADAUSDT   Cardano / TetherUS
Hello chart friends,

Do you agree with this Inverse head and shoulders pattern? It's difficult to break resistance but once we do i'm sure the rocket is launched!
Comment: A good amount of profit so far :))
testing the neckline or already failed?
Reply
@RaulPuiu, I hope just testing the neckline but of course anything can happen. If you take a look at the 4 hour chart there is also a pattern to be found, a falling wedge pattern which is bullish. We are nearing resistance of that pattern so let's see what will happen :)
Reply
can you give the long term target price to sell
Reply
@saxon17, Hello, i have no idea how high it can go. if this pattern breaks i will add a stoploss under every higher low and move up from there. It's not financial advise, just the way i would do it
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