ADAUSDT Price Movement and Potential Inverse H&S Pattern Hi there,
ADAUSDT has a potential head and shoulders pattern forming, with the price possibly dropping to 0.5056-0.5030 or even lower for a bullish higher low to form the right shoulder.
The key takeaway is that the right shoulder must be established for confirmation of the pattern.
However, I am feeling impatient as the price is currently bearish towards the initial target of 0.5089 with a bullish bias towards 0.5475.
Happy Trading,
K.