Cardano- Losses should be limited from now on
Updated
Since the beginning of September, Cardano is on a downtrend, which in my opinion is in fact a correction for the 1 to 3 move up.
October was a month of range trading and accumulation for this coin
At this moment the price is 1.95 and a new spike down is not out of the question.
Bulls can see this spike down as an opportunity to go long in 1.8 zone, support marked by a lot of highs and lows on our chart and also by 61% Fibo
The first target can be 2.3, but I wouldn't be surprised if Cardano will reach a new ATH in medium-term
October was a month of range trading and accumulation for this coin
At this moment the price is 1.95 and a new spike down is not out of the question.
Bulls can see this spike down as an opportunity to go long in 1.8 zone, support marked by a lot of highs and lows on our chart and also by 61% Fibo
The first target can be 2.3, but I wouldn't be surprised if Cardano will reach a new ATH in medium-term
Note
First target reached
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