Cardano, Will It Drop?
Verge sale is over. I hope you all got some good Verge like I did. I am hoping that Cardano is next. It is still overbought, according to the RSI. The price position is far from the MA 50. I have to believe it's going to snap back closer to the MA 50. I've placed an Entry Point at a good support zone, hoping to catch a wick. Good luck, and Merry Christmas to everyone!
Note
I need to make a big correction to this post. I will be looking for an entry point around the EMA 15, NOT the MA 50.
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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.