Rowhales
ADA BTC Longterm BUY
ADABTC is situated into a huge falling wedge which is a reversal pattern.Now is a very good question if we can make a breakout from this channel or not,anyway in my opinion in long term will grow exponentialy with a first target of 2864 sats which is 160% potentialy gains for here.
Note,major support of this chart it s near 700 sats and there are also a support from wedge.In my opinion this is a good long term buy.
Q1 2019 first shelley testnet and in late q1 mainnet launch which means descentralization and staking oportunity with 3,3-3,7% ROI/year
Q2 2019 Goegun we can bring us to mass adoption
Head and shoulders patternA head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
A head and shoulders pattern is comprised of three component parts:
After long bullish trends, the price rises to a peak and subsequently declines to form a trough.
The price rises again to form a second high substantially above the initial peak and declines again.
The price rises a third time, but only to the level of the first peak, before declining once more.
The first and third peaks are shoulders, and the second peak forms the head. The line connecting the first and second troughs is called the neckline.This neckline also is a support line of this pattern,when will breakdown we will have a short swing trade oportunity