Priceline of Cardano / US DOLLAR crypto currency is forming a shark pattern.
This time I am watching some confliction between indocators and harmonic pattern, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are still strong bearish.
Price action has hit the support of bollinger bands.
MACD is still strong bearish on week chart but up to 5 day chart it is turning bullish
RSI has still some cushion to move in oversold zone
However I have posted the shark pattern as all legs are formed exactly required for shark so last leg can be possibly formed accordingly.
I have defined the targets as per Fibonacci sequence.
ADAUSD tradingview chart link:
https://www.tradingview.com/chart/ADAUSDT/QZuiwmFt-ADAUSD-a-formation-of-shark-Upto-225-possibility/
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