CARDANO Expect the bullish price action to continue

Hi traders:

Here on ADAUSD, we can see some noticeable bullish price action in the making.

After the bearish move down across the crypto market, price begin to correct and form a HTF structure.

We can see price made several attempt to break below the $1 mark, but fail to continue lower.

When then see a clear double bottoms within the HTF structure, and a bullish reversal impulse up, breaking above the structure.

Now that the price has formed a right shoulder, inverse H and S pattern reversal, good sign of further upside.

Watch for some clear bullish continuation correction on the LTF and expect to push the price up the previous swing highs.

thank you

Komentarz:

Komentarz: