Support found at previous resistance and current trendline

I am not a financial advisor, this is not financial advice. I have been trading for 9 years now. Support for Cardano can be found at 1.47 where the previous resistance is found. I have noted all resistance and now current support. This does not mean we may not find further downside, it relies on BTC . However, this MAY be the bottom for Cardano . Furthermore, fundamentals for Cardano may be in favor for ADA. Projects such as SundaeSwap and MuesliSwap when live, will provide more liquidity to the network, forcing new investors to purchase ADA in order to swap new high risk/high rewards Cardano tokens. This will spark the new surge for ADA. Keep an eye at 1.47, if support is broken, may be good buying opportunity because those prices will be short lived.