ADA again out of its 3 month sideways accumulation zone
After holding strong during the Blood rain parade, ADA once again breaks out of its 3 month long boring zone.
If the support holds, the Inverse Head and Shoulder pattern clearly visible, I expect price to make its way to $2.80-$3.00. But I don't see it stopping there. My 3 year long cup and handle pattern I've been following with Cardano tells me that $7.50 Per ADA is the modest/reserved price goal this run.
If the support holds, the Inverse Head and Shoulder pattern clearly visible, I expect price to make its way to $2.80-$3.00. But I don't see it stopping there. My 3 year long cup and handle pattern I've been following with Cardano tells me that $7.50 Per ADA is the modest/reserved price goal this run.
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Disclaimer
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.