CARDANO – Double Bottom Reversal ๐
In our last Cardano analysis, we broke out of the descending trend and we were expecting a retracement. Since then, we got a really clean retracement leading to double bottom . We have a nice trendline in place which we can monitor for a break.
See linked chart for our previous analysis.
Trade Idea:
– Enter on break of descending trendline
– Stops below the recent lows
– Targets: Targets: 1.6, 2.5, ATH, HODL
Goodluck and as always, trade safe!

