ADA: Cardano Near Breakout: H&S Reversal Pattern in Play

ADA: Cardano Near Breakout: H&S Reversal Pattern in Play

ADA is about to complete and reverse the Head and Shoulders pattern. The price is currently rising to test the neckline of the pattern, which is also the strongest area for buyers.

Once this area is broken, we can see ADA rising in a clear way, it could start an upward movement this time since it is also very oversold.

Targets:
0.46; 0.49; 0.54 and 0.6

You may find more details in the chart!
Thank you and Good Luck!

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