ADA double bottom during the weekend?

ADA looks a bit bearish now. It broke through the trend line and this may bring it down to 1.35/1.3 during the weekend.

If it stops at 1.3 we may expect a double bottom formation that might show us a future uptrend.

Make sure to place your stop loss and buy if it goes any lower. I am not expecting it to drop below 1.3. If it does it may be for a short amount of time.

Have a nice weekend and take care !