ADA/BTC hit targets now retrace watching: Cardano support zones

28 Mar 2019

Quick plot to observe possible support zones for Cardano.
This is part of ongoing analysis of ADA vs BTC as linked below.
In general I am quite bullish on this coin versus most Alts.

1600 retest seem very likely soon.
1590 could be a stop hunt below 1600.
1575/55 must hold to continue uptrend.

My ADA journey this year:

Spotted the likely breakout:

Measuring the continuation:

Spotting an intermediate TOP:

Plotting the correction from that top:

28 Mar 2019

Not

Just hit first possible end of wave 5 and got a decent bounce good sign but we might go a little lower. Am filling limit buys laddered through this area.

.

28 Mar 2019

Not

So it looks like first support held now if it crosses the next fib line, then we can be confident correction is done

.