Mr-rom

Price Action : Cardano, Where is the best zone to buy?

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Identify

Cardano : ADA
Market Caps: 50B (6th globally)

The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back

So where will the price go?

According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded.

It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend.

Potential buy zone is 1.03 - 1.16 USD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.