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CARDANO – Double Bottom Reversal 🚀

CARDANO - Double Bottom Reversal 🚀

CARDANO - Double Bottom Reversal 🚀

CARDANO – Double Bottom Reversal 🚀

Cardano / TetherUS BINANCE:ADAUSDT
WicktatorFX


CARDANO - Double Bottom Reversal 🚀

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!

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