aceofdiamonds

I'm not sure what this ADA pattern is saying, but it looks scary

aceofdiamonds Updated   
KRAKEN:ADAUSD   Cardano
This pattern is just messed up. It looks like a head with a slumped shoulder to me. The initial impression is negative to me.
Comment:
Ok, so if you hit play on this chart it is very clear that a head and shoulders with an extended arm pushing down your upside pattern is clearly and completely bearish!
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.