Cardano Buy Zone

30. Sept. 2018

Hi Everyone,

We are finally getting our trend-break in Cardano.

I have highlighted a suggested buy-zone for this re-trace. As long as BTC can remain bullish, Cardano should recover from this potential re-trace.

Have your own idea of where you think is a good buy for Cardano? Please let me know in the comments!

Thank you!

1. Okt. 2018

Anmerkung

I'm not sure that Ada will reach this buy zone. I think it may hold the current levels that it is at. I could be wrong, but it seems to be holding OK so far.

1. Okt. 2018

Anmerkung

You guys will have to excuse me, as I am still relatively new to trading. I didn't notice this ascending triangle. Lol.

1. Okt. 2018

Anmerkung

Scratch that...symmetrical triangle...so it could break up or down.

1. Okt. 2018

Anmerkung

IF you drew it up like this, it would fit the criteria for an ascending triangle. Idk, interpret as you will.

2. Okt. 2018

Anmerkung

I have my stop set in case we do get a retracement. My buy zone is still about the same.

3. Okt. 2018

Anmerkung

Just eyeing it on the 4 hour RSI - if BTC stays afloat, we might not even do more than a 50 fib retrace.