After the nice rally we've seen traders taking profits.
Currently, the candles are getting slapped down at the EMA's.
We haven't hit oversold conditions on the RSI just yet but are getting close.
Volume on the buyers side still hasn't really shown up just yet.
Overall, the area between 2700 and 2600 satoshi's has been a good support zone for Cardano.
I'll be scaling in between those prices.
Currently, the candles are getting slapped down at the EMA's.
We haven't hit oversold conditions on the RSI just yet but are getting close.
Volume on the buyers side still hasn't really shown up just yet.
Overall, the area between 2700 and 2600 satoshi's has been a good support zone for Cardano.
I'll be scaling in between those prices.
Comment:
I'd like to extend the ideal entry range for 2700-2500