Price Points for Accumulating Cardano on Potential Pullback.
The purpose of this publication was to show WHERE one could place (scatter) buy orders on a POTENTIAL pullback. REMEMBER: I recommend keeping 70 to 80 percent of your coins OFF EXCHANGE and swing trade and/or scalp with the remaining 20 to 30 percent of your coins based on knowledge and experience level with the indicators.
Cardano has a LOT going on FUNDAMENTALLY with it at this point in time. Especially, with the roll-out of Shelley. Even more can be added to the mix if Coinbase were to add Cardano to its list of coins shortly after Shelley's roll-out.
So, with the Green 50-EMA crossing above the White 200-EMA in the 2-Day time frame; with Shelley rolling out; with the potential for Coinbase to add Cardano to its trading list; WE MAY NOT SEE AS DEEP OF A PULLBACK AS SOME MAY HOPE IF BITCOIN WERE TO PULL BACK SIGNIFICANTLY. I honestly believe Coinbase and Coinbase employees are likely accumulating Cardano as I'm writing in anticipation of Coinbase adding Cardano to its list of coins. It makes no sense for Coinbase not to add Cardano to its list of coins in my opinion. It would simply mean more trading fees for them with another worth while TOP TEN MARKET CAP COIN.
Take care today if you are traveling for Independence Day (July 4th). Happy Trading and Stay Awesome!
David
Cardano has a LOT going on FUNDAMENTALLY with it at this point in time. Especially, with the roll-out of Shelley. Even more can be added to the mix if Coinbase were to add Cardano to its list of coins shortly after Shelley's roll-out.
So, with the Green 50-EMA crossing above the White 200-EMA in the 2-Day time frame; with Shelley rolling out; with the potential for Coinbase to add Cardano to its trading list; WE MAY NOT SEE AS DEEP OF A PULLBACK AS SOME MAY HOPE IF BITCOIN WERE TO PULL BACK SIGNIFICANTLY. I honestly believe Coinbase and Coinbase employees are likely accumulating Cardano as I'm writing in anticipation of Coinbase adding Cardano to its list of coins. It makes no sense for Coinbase not to add Cardano to its list of coins in my opinion. It would simply mean more trading fees for them with another worth while TOP TEN MARKET CAP COIN.
Take care today if you are traveling for Independence Day (July 4th). Happy Trading and Stay Awesome!
David
Related Ideas
As of Q4 this year, ada holders will be able to store their assets in Coinbase Custody’s institutional-grade, battle-tested cold storage, whilst also maintaining the ability to delegate their stake. 2/4
Coinbase Custody is the first solution to be able to offer staking, whilst keeping assets securely stored in cold wallets. 3/4
This custody agreement allows us to offer the same secure storage solutions that can be found in traditional finance to ada holders, without sacrificing what makes Proof of Stake blockchains special - being able to participate in the network.
More news soon... 4/4