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 oct 2018

Nota

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 oct 2018

Nota

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

1 oct 2018

Nota

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

1 oct 2018

Nota

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

2 oct 2018

Nota

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

3 oct 2018

Nota

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