If ADA flips the 200ma to solidified support next target = $1.13

Updated
Subject says it all.. I kept some of the previous channels’ trendlines on the chart just n case we see any sort of correction as potential supports. WIll like previous Cardano chart with pattern whose target just got hit below.. *not financial advice*
Trade active
‘D say it’s pretty reasonable to assume at this point th invh&s breakout has been confirmed. Always a chance at a big fakeout I suppose but fairly low probability at this point.
Note
Target hit!
1daychartadausdcardanoChart PatternsDaily ChartsTechnical IndicatorsInverse Head and ShouldersTrend Analysis

Related publications

Disclaimer