Hello, dear members of LeoFinance!
Today I want to comment on the price chart of Cardano (ADA).
In the daily chart (1D), ADA/USD has exited the Double Bottom (common trend reversal pattern):
As can be seen from the chart, ADA/USD has already surpassed the neckline of the Double Bottom and it seems that the uptrend is starting. That's why I will start buying some more ADA and hodl it.
To be continued ...
As of the time of writing, one ADA costs $0,1823 on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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