Hello everyone:
Cardano has always been on my watchlist for the next bullish move.
We can see a strong higher time frame bullish impulsive phase, and now the price is in this larger correction.
Latest price action continue to correct, and now formed a double bottoms within the correction then impulse up.
These are great price action from a multi-time frame perspective.
I would wait and see if price can break out of the HTF correction,
and look for LTF continuation correction to get in more.
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.