4 hours time frame to identify the support zone and double bottom.
15 min time frame to identify the double bottom and divergence.
5 min time frame to identify the breakout of resistance.
Consider ADA. In the crypto market, many coins have a similar situation. Our priority scenario is growth towards the intermediate target of $0.36. A fall below $0.3090 will cancel this scenario. A long flat is also dangerous for Cardano.
BYBIT:PEOPLEUSDT
Following up from my previous technical analysis on PEOPLEUSDT ,
We possibly have a bounce happening in the Fib Golden pocket and we have bullish divergence on awesome oscillator and Cipher B
PEOPLE has been volatile over the last few days, so think about your entries and TP's.
Possible TP areas - Top of the channel forming, daily levels...
