Cardano has done this in the past, it turns into a stablecoin and looks like its painting a head and shoulders pattern, but then blasts to the upside.
I see the same pattern happening, price is already getting pulled tight. I think once RSI breaks above 50 (seen below) and price breaks UP out of this pattern, we will see cardano returning to all time high within weeks/months.
If we break down out of this pattern, it would invalidate this idea.
I see the same pattern happening, price is already getting pulled tight. I think once RSI breaks above 50 (seen below) and price breaks UP out of this pattern, we will see cardano returning to all time high within weeks/months.
If we break down out of this pattern, it would invalidate this idea.