ADA:BTC breaking out of long term Inverse H&S pattern LONG BULL
Just a quick one, I'm not going into the fundamentals because I think most of you are fully aware of the current bullishness of the market and the caliber of Cardano. I just wanted to point out the formation of this massive Head & Shoulders pattern that started forming in Jul 2018.
Wait for the the breakout & confirmation. It should do a quick 100% Vs. BTC once it does. Check the chart linked below for a deeper look at my thoughts on Alts Vs. BTC... Like & sub!
1st Target: .00002900 BTC (+100%)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Wait for the the breakout & confirmation. It should do a quick 100% Vs. BTC once it does. Check the chart linked below for a deeper look at my thoughts on Alts Vs. BTC... Like & sub!
1st Target: .00002900 BTC (+100%)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Nota
Beautiful breakout and retest of neckline. If this daily candle closes here...It's the perfect entry...
Dagangan ditutup: sasaran tercapai
Boom target hit!
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.