Miklos77

ADA/USDT - Short Term analysis

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hello everyone,

This is my first analysis posted here, so bear with me if everything is wrong!

We got ADA/USDT chart here on the 15m TF. It seems to be bottoming with a formation of inverted Head & Shoulders pattern, still to be confirmed.

We might see ADA price go up to the middle of the descending channel it's been in for almost 3 days now and at least retest that $0.375

Lose $0.35 support and it can get bloody quite quickly.

Of course, $BTC is still behind the wheel at this stage.

Cheers and good trades

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