I think we're just coming back down to retest an old local top which is what we see all the time from these all coins what we saw in the last bull market right guys so i'm actually highlighted here
If we were to get a bounce somewhere in this green box the minimum returns just to get to the all-time high for cardano is over 11 and that's just if we turned around where we are right now i think we might be going a little bit lower but i still would be accumulating at this area because i still think it's a great great time to buy cardano within the you know the next 10 little
What do you call it guys a little area area i don't know why i couldn't think of the word area that's really weird but as you guys can see 11 gains just all-time high is nothing to sniff at that's and if we break that all-time high who knows how high this thing is going to go right so i want to jump into the third chart i want to look at for cardano today and that is the just the double bottom right the simple most basic thing when you want to look at for turning points in a bear versus bull market in the macro time frame is these double bottoms or double tops right
We got a double bottom here where we go we got here and we got the little thing that we don't talk about ever secondly here and now we're moving back up and we're just getting a little consolidation i mean it's happened multiple times already you know we get these consolidations and people freak out and it gets a huge bounce and it pops right back up
So don't be afraid right now guys and the same exact thing actually happened in cardano's last bull market right right here guys we got this double bottom pattern um we consolidated just like we've been doing for like the last three months and then we absolutely skyrocketed right look at our look at this thing this thing went from two cents to about 14 cents