prsapydar

ADAUSDT - Cardano in A good place...

Long
BINANCE:ADAUSDT   Cardano / TetherUS
ADAUSDT price trapped in a bearish channel for a few weeks , but pay attention to price in daily chart ...
prices were trending above midline of it's channel and that's a bullish signal for me
Now we have a kind of double bottom pattern on our Cardano chart and prices broke upper line of the channel and confirmed a higher low behind it's back .
now we have to wait for 2 daily candle closing above this line to be bullish
RSI also confirm our analysis by a bullish divergence and a higher low

THIS IS JUST AN ANALYSIS...
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