Let's go back to Cardano because this is one chart, one Altcoin, one pair that looks really good... Let's focus on the bigger picture and not just the short-term.
Notice on the left side of this chart, the black downtrend line... It has been broken.
When a trend is over, ends, a new trend develops.
As the bearish trend is over, a new bullish trend takes place.
Now, a bullish trend is not just one high or some growth for a few weeks or months... A bullish trend is defined by sustained higher highs and higher lows.
What this means is that we are set for growth.
Once we hit bottom, the only place left to go is up.
Cardano did hit bottom... We are very happy to see it recover and grow.
Namaste.