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WicktatorFX

CARDANO - Double Bottom Reversal 🚀

Cardano / TetherUS (BINANCE:ADAUSDT)  
WicktatorFX  
BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Chart Patterns Wave Analysis cardano ADAUSDT adausd ADA breakout BTCUSD BTCUSDT Bitcoin (Cryptocurrency) Contains image
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trendanalysis chartpattern waveanalysis cardano adausdt adausd ada breakout btcusd btcusdt bitcoin containsimage
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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Mentions

UnknownUnicorn15614419
TS ❕ ADAUSD: reached the support
UnknownUnicorn15614419
TS ❕ ADAUSD: resistance level
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