I have just made this descending triangle pattern. Cardano is going to rise or drop, so you need to make a decision.
Cardano aka ADA the new mega coin is at a crucial point. Generally a big coin with great future potential, so if you are looking for a good investment longterm, her it is. Besides Stellar it is one of my favourite coins at the moment. Solid project and background, a huge community, very liquid and amazing to trade also with bigger positions. But where are we...
setting up for a good run pending confirmation of additional signals
All of the reasons described in the graph point in profit direction.
Cardano will likely bounce between 5700 - 7000 satoshis for a few days. Once it breaks through 7200, I'm looking for an all time high around $1.53 USD (11,000 satoshi).
Reach the resistance at 5793-5871. Bought about 25% and we will need to DCA at 5048-5316 Hole about 1 week Sale: -TP 1: 7596 - TP2: over 8881
we have a sign that ada going down in few days we will see red candles , party will over soon for little time.
As you can see, Ada its growing totally Natural, not manipulated, The Ellito wave are really clear. Any adivce and comments are welcome.
ADA has been experiencing extreme bullishness in the past 2 months. And I do not think it is done yet... I think we are about to move into a Wave 5 Elliott's Cycle which will put us between 10,000 - 15,000 satoshis. The rectangle at Wave 5 indicates TO ME that there was sustained growth over a longer period of time and high confidence in the coin at that...
So the huge growth of one of the most promising currencies of this year has come to an end, we will now go through a rollback in the form of wave 2, after which we will begin a very impulse movement as wave 3 of the highest wave level. We will follow the movement, sign.
ADA Just broke out of its downward trend. Last time this happened we saw some serious moonage. :-) Lets see what happens!
First Target: 0.00009 Second Target: 0.00015
If BITTREX:ADAUSDT breaks this down trend we could see some mooooooonage
ADA-BTC had a very good start and has been getting a lot of attention. Here is what it looks for the short term..It is in bullish move, and can reach up to profitable levels soon. Might be a good time to set up a trade. First resistance is around 4000 sat levels. Targets are shown in the chart. Of course altcoins mostly depend on BTC movement, but ADA has shown...
After the couple of days consolidation, ADABTC is forming the triangle. We are going to trade the breakout. Upside breakout will help to reach 4100 as the first target and much more. I dnot have the visibility for more targets as we are on New ATH. Entry : Buy Now : 2930 or upto 2750, Target : 4100 Stoploss below 2700.