CARDANO - 2 BULLISH SCENARIOS 💥
Hey everyone
ADA corrected by 10% this past week just as expected. Now it's time to accumulate and DCA. Why? Because ADA is at a discount. The RSI is oversold even at the 4h time frame. The 4h time frame MACD is also showing signs of reversal.
By using the Fibonacci retracement, the more likely scenario is to have a bounce NOW from the 1.98$ major support level. If this level doesn't hold, we have another support at 1.8$.
Trade safely everyone.
Fearful times are the best to buy.
Yours truly,
Aloo2k
ADA corrected by 10% this past week just as expected. Now it's time to accumulate and DCA. Why? Because ADA is at a discount. The RSI is oversold even at the 4h time frame. The 4h time frame MACD is also showing signs of reversal.
By using the Fibonacci retracement, the more likely scenario is to have a bounce NOW from the 1.98$ major support level. If this level doesn't hold, we have another support at 1.8$.
Trade safely everyone.
Fearful times are the best to buy.
Yours truly,
Aloo2k
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Related publications
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.