Looking at a retrace to $1.11 area for a double bottom Bullish setup. Watch if this breaks down further. May form a small H&S to fall to $1.00 area. We need to have Cardano maintain and hold a support level above $1.28 to confirm its uptrend. Anything less we're still in a downward slope. Looks like this pullback will indeed hold tho and further higher highs are inevitable either way for THIS week. Good luck and have a great week!
Trade active:
Buy signal active on 4 Hr. Just be aware of tops between $1.21-$1.23. May break downwards. If not $1.25-$1.35 are the next targets
Trade closed manually:
Looks like we may go further down than $1.11 possible stop .95.
Trade closed: target reached:
Possible recheck of support @ 96 cents. Stop-loss $1.12