Arturino_Burachelini

ADAUSDT - Tug of war to be ended at the peace treaty table

Short
BINANCE:ADAUSDT   Cardano / TetherUS
  • The bulls rapidly lost steam, thus losing the bid to reach over ATH to the bears. It's the lasting result of the February bull run
  • The bears have not much time for celebration as the investment market is still superoptimistic thanks to relief and liquidity maximization though good perspective ahead with imminent ending of immuniztion and summerly weakening of market activity
  • Head and shoulders show a change of previous trend, meaning a symmetrical to the privously mentioned downtrend - moderate uptrend, due over the rest of Spring. ATH probably reachable in Autumn (or in late May)

This has been an observation from a rookie trader. Your reaction - your problem.
Trade closed: target reached
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