Cardano / TetherUS
Short
Updated

ADA meets ADAM & EVE

308
Bearish outlook for ADA as it has formed an Adam & Eve pattern on the 12 hour view.
If ADA falls below 0.80 for enough time, the retest to below 0.70 will be a likely scenario.

This is a Double Top Adam and Eve trading pattern, potentially showing a trend reversal (its accuracy isn't guaranteed) Usually this is 65% to 75% accurate.
Trade closed: target reached
Today ADA hit 0.65-ish... in price! Scooped up a bunch more of ADA. :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.