Cardano / TetherUS

#cardano #adausdt - Potential Double Bottom vs USDT

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With Bitcoin being undecided, I am not surprised Cardano is forming something bullish at this point. We have the possibility here to see the low of a Double-Bottom or maybe also an Adam & Eve. It is a little early to say, but in case this is becoming an option, the gains are decent, even if you are rightfully waiting for a break-out. The trading & accumulation range is about 30% now, so nothing where you can set loose stops or go all-in. The first serious target would be the Monthly Pivot after breaking the H6 Diagonal.

As usual, I marked the important levels for you. Always remember, Diagonals CAN end patterns pre-maturely.

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Warm regards,

Neru

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.