themadlad0

Possible H&S forming on ADA

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Being long on ada with all of the hype of gougen and an impending coinbase listing is a no brainer in our buy the hype sell the news community. Only question is when is the right time to get a position. Not a big fan of patterns other than simple triangles and wedges in this market because their hit rates aren't consistent. Don't have the research in front of me, but i'm guessing 30% hit rate for a pattern like this. I'm apprehensive to short this and every top ten crypto has seen ALT recently except a select few including ADA. Technically I'm cautious, but fundamentally i'm bullish. Not investment advice, just an openion.

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