#cardano #adausdt - Potential Double Bottom vs USDT
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
As usual, I marked the important levels for you. Always remember, Diagonals CAN end patterns pre-maturely.
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Warm regards,
Neru
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