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short term bear, buying opportunity
Cardano / Bitcoin
Short
short term bear, buying opportunity
By DSTBA
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Updated
May 4, 2018
3
2
2
May 3, 2018
MA likely to cross, negative RSI. Buying opportunity at the 0.382 and 0.5 FIB levels.
May 4, 2018
Trade active
3600- 3700 sats is a good buy range.
May 4, 2018
Comment
On a 2hr chart, there is plenty of room for the RSI to grow.
Three potential mid/long- term targets.
First: 5348 sats - 45% return
Second: 6894 sats - 86% retun
Third (ath): 8700 sats - 135% return
Depending on your desired risk appetite and time horizon, you can exit after some return or ride the wave.
Trend Analysis
DSTBA
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