dancingdunza

ADAUSDT Potential Double Bottom Play

Long
BINANCE:ADAUSDT   Cardano / TetherUS
ADAUSDT on the 30mins potential double bottom in play.

ADA has retested and bounced off the 62% Fibonacci support level at $1.176. Needs to break the 38.2% resistance level at $1.296 to complete the double bottom play and create it as new support.

ADA is expected to be 100% decentralized by the end of the month which could see it retest the all-time high.

💧💧💧MAKE IT RAIN💧💧💧
Stake your ADA to my stake pool RAIN. 🙏
Rain is the stake pool for Cardano champions 💪

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.