ADA inverse H&S forming
Cardano / U. S. Dollar KRAKEN:ADAUSD
ADAUSD looks to be on the final stages of completing an inverse head and shoulder.
High volume forming low of head followed by smaller spike in volume forming the beginnings of the right shoulder.
I wouldn’t be surprised if the following weeks volume stays somewhat stagnate and ADA chops back and forth between 1.50 and 1.05 before breakout.
Of course this is ONE hypothetical play and one mans opinion so bear with me as I’m fairly new to trading.
Any thoughts, opinions, suggestions are all welcome.
WISH EVERYONE MASSIVE PROFITS
