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CryptoColugo
Aug 23, 2019 12:17 PM

ADAUSDT - Inverse H&S  Long

Cardano / TetherUSBinance

Description

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 :))
Comments
RaulPuiu
testing the neckline or already failed?
CryptoColugo
@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 :)
saxon17
can you give the long term target price to sell
CryptoColugo
@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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