ADAUSDT (CARDANO) - POTENTIAL BUY ENTRY

ANALYSIS 🔎
- ADAUSDT was bounded in the descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance and retested.
- Price action is printing the inverse head and shoulders pattern.
- This is a bullish reversal pattern.
- There's an uptrend potential.

BUY ENTRY ⬆️
- Breakout above the inverse head and shoulders neckline resistance (R1).

TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).

SETUP INVALIDATION ❌
- Breakdown below the right shoulder support horizontal support level (S1).