duncan1382

Inverted Head and Shoulders Forming on ADA/USDT?

做多
BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
I think ADA/USDT might be breaking out here.

Reasoning:

  • Strong divergence into key support level
  • Previously, divergence has been a strong signal of a large change in trend.
  • Big push up with volume
  • A retest of the key support level is likely and would form a nice looking inverted H&S out of the wedge
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