Inverse head and shoulder was confirmed (also with a cup and handle) earlier and ADA had started its rising movement till the sudden BTC attack. That sudden movement of BTC slowed down the ADA up going. Inverse head and shoulders' target can be 3100. That means nearly %22 gain. Thats my expectation.
Trade attivo:
We're nearly reached the forecasted point. That blue line can be a resistance there. There are two options: Break it or fall a little then reattempt to break. Now, I'll wait for reaching the target
Trade chiuso: obiettivo raggiunto:
We reached the target. Struggling to break blue resistance but eventually it will be broken. Still has enough time to break it. It can fall to 3070 there is a support waiting for it.