Hi Traders!
Today we look at the popular cryptocurrency Cardano in the analysis. First, however, we would comment on the last analysis of Bitcoin, where we predicted the September declines and this analysis turned out absolutely perfectly!
But let's move to Cardano. This coin did not pass the September fall either. ADA has already written off about 48% of its HIGH. We see values between USD 0.0769 - 0.0902 as very strong support. This is a zone where it would be wise to buy this coin.
First of all, we have increased volumes and structure there. Secondly, the original trendline also affects us there. When we take a look at the RSI indicator, we still have space to fall into the extreme zone. From the RSI point of view, overcoming the upward trendline will be absolutely key. In addition, the MA200, which is also approaching us very slowly will act as support.
May the crypto be with you!
Today we look at the popular cryptocurrency Cardano in the analysis. First, however, we would comment on the last analysis of Bitcoin, where we predicted the September declines and this analysis turned out absolutely perfectly!
But let's move to Cardano. This coin did not pass the September fall either. ADA has already written off about 48% of its HIGH. We see values between USD 0.0769 - 0.0902 as very strong support. This is a zone where it would be wise to buy this coin.
First of all, we have increased volumes and structure there. Secondly, the original trendline also affects us there. When we take a look at the RSI indicator, we still have space to fall into the extreme zone. From the RSI point of view, overcoming the upward trendline will be absolutely key. In addition, the MA200, which is also approaching us very slowly will act as support.
May the crypto be with you!