Hello everyone, I am Hadi Karaali, known as Sniper_FX
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ADAUSDT, as we can see price is clearly bearish right!
However, price is approaching a strong support zone from daily time frame
where we will be searching for new longs
So, for now, price is forming an inverse head and shoulders pattern which is a bullish reversal pattern
The pattern is still forming so for now we will be waiting until the break happens
Until that we are bearish and we can still trade lower and lower before a full reversal
And as usual follow your trading plan and manage your risk.
Be patient and good luck!