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June 1, 2026
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CARDANO-Good context for double bottom

CARDANO-Good context for double bottom

CARDANO-Good context for double bottom

CARDANO-Good context for double bottom

Cardano / TetherUS BINANCE:ADAUSDT
mignaly


CARDANO-Good context for double bottom

Hello everyone

CARDANO is an asset worth investing, with a good white paper an good perspective, but a well made pattern and context is needed.

On daily chart , we have a good context for a reversal,which includes higher lows, a possible double bottom pattern and some good volume on that shows less selling pressure than before, but a breakout of bear trend line is needed for the conformation of a new trend, or maybe the market is testing the previous trend line ( Dash line).

For now we have support levels of 0.75$ , 0.725$ and previous bear trend line ; For resistance, 0.82$ ,0.85$ and the new bear trend line are in our way.

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