thedailychartist

ADA needs to re-take 1.31 to disrupt potential topping pattern

BINANCE:ADAUSDT   Cardano / TetherUS
I'm currently long ADA and remain bullish but some concerns on recent price action indicating possible double top forming.

Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.

If 1.31 fails we could see further leg down to test neckline level near 1.00...

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