ADA/BTC Bullish Head and Shoulder breakout confirmed!

Cardano announced it's mary update to come for the 1st of march.
Cardano starts to deliver and becomes the new ETH.
This is considered to be a longterm hold.
Checkout Daedalus if you didn't do that yet.


Reef is having a hard time and is close to two resistance lines.
Expect a small pullback to gain some momentum for a breakthrough.
Bitcoin is consolidating which normally is a good sign for altcoins.

Enjoy the ride and don't be too greedy.

If you like the content, please like, comment and give this channel a follow.

Cheers


ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.