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Cardano Buy Zone

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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!
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.
Nota
syot kilat You guys will have to excuse me, as I am still relatively new to trading. I didn't notice this ascending triangle. Lol.
Nota
Scratch that...symmetrical triangle...so it could break up or down.
Nota
syot kilat IF you drew it up like this, it would fit the criteria for an ascending triangle. Idk, interpret as you will.
Nota
syot kilat I have my stop set in case we do get a retracement. My buy zone is still about the same.
Nota
syot kilat Just eyeing it on the 4 hour RSI - if BTC stays afloat, we might not even do more than a 50 fib retrace.
Dawnchorus
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Chart PatternsTechnical IndicatorsTrend Analysis
Dawnchorus

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.