Cardano short term chart

BINANCE:ADAUSDT   Cardano / TetherUS
To most people, this would have looked like an inverse head and shoulder pattern but if you notice the left shoulder you will see that the lower wick is much lower than the head and hence once the price reached 1.8 USDT it did not break through. However, this is a bullish divergence pattern with lower highs and higher lows.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.