☑️ADAUSD: growth prospects – Trading Ideas – 28 December 2021

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☑️ADAUSD: growth prospects – Trading Ideas – 28 December 2021


➡️ Cardano also has growth prospects in 2022. In mid-December, the cryptocurrency bounced off the key support at  1.19738300, that contributed to the price exit from the downtrend channel, which began to form in November. The target at the moment for ADAUSD is locating at the level of  1.85712240. But there is a prospect of growth to 2.25375150 and even higher. Below is a weekly chart showing a possible “head and shoulders” reversal pattern that is in the process of being formed.

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Trading with patterns of figures is not a TradePlus trading strategy, but those who specialize in this can share their thoughts on this in the comments. We will be glad to hear your opinion. But in general, that’s another story. Now the target is  1.85712240.

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