Cardano Buy Zone

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!

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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.

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

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

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

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

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