Very tricky. Should we take the local double-top as a bearish signal and call for lower prices in the coming months?

Cardano crashed reaching new lows exactly two months ago, 4-June. 4-August, we are doing better, looking better and moving up. We have been rising and recovering for months. "We." Me, you, us, them and the market.

Good evening my fellow Cryptocurrency trader, it is such a pleasure to right again for you today!

We have been looking at ADAUSDT on the daily timeframe. We have some active open-LONGs on this platform with 10X. The market is green but this signal I just mentioned now, is calling for a retrace; how will you approach the market?

The first target is yet to hit but, naturally, the trade can be secured after massive growth. The full numbers are here:

Short-term you can get your retrace and this would only be part of normal price fluctuations. Lower prices, bearish resumption and continuation to me, are out of the question.

The market has been recovering and challenging resistance for days. Long-term hold can yield outstanding results; leveraged trading —fast profit taking— open and close. Yes, it is valid to close a position to later open a new one. Yes, get in and get out but also buy and hold.

The situation is still mixed for the altcoins market. Mixed in the sense that strong bullish momentum is not here yet. Mixed because it is still sideways. The bigger, better and broader picture continues to point higher.

The current chart continues to support a bull market in the coming months. I saw something on Bitcoin, a signal that is pointing to an additional 60 days of bullish action—confirmation likely coming in in days.

Both Bitcoin and Cardano are trading at bottom prices, you know the big projects move in the same way. Both will recover. Both are looking great.

The mixture is up again. Bitcoin is rising but it can take months for 100K. Say, we can see the market continue consolidation with a bullish bias—slow and steady growth... Make of it what you will, Crypto is going up.

Namaste.