CARDANO-Good context for double bottom

366

Hello everyone

CARDANO is an asset worth investing, with a good white paper an good perspective, but a well made pattern and context is needed.

On daily chart, we have a good context for a reversal,which includes higher lows, a possible double bottom pattern and some good volume on that shows less selling pressure than before, but a breakout of bear trend line is needed for the conformation of a new trend, or maybe the market is testing the previous trend line ( Dash line).

For now we have support levels of 0.75$ , 0.725$ and previous bear trend line; For resistance, 0.82$ ,0.85$ and the new bear trend line are in our way.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.