A potential head and shoulders arrangement on Cardano

The formation of the formation will be confirmed by a decline confirmed by a large trading volume. The minimum range of decline, measuring the height of the formation from the neck line down, is ~ 0.35. However, it should be remembered that such a movement may occur in an interval of 4 hours or 1 day - so the movement may last a week and a long time...

In this situation, breaking the local downtrend line may result in a break of the formation and three ranges of an upward movement.