Cardano cryptocurrency or ADA Coin had formed and broken down the Head and Shoulder Pattern on Daily TimeFrame.
The pattern is a bearish pattern and hence I believe price will drop.
Targets
1- 0.35
2- 0.30-0.31
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
The pattern is a bearish pattern and hence I believe price will drop.
Targets
1- 0.35
2- 0.30-0.31
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.