While the chart has limited time frame, it is starting to provide some insight. The chart has completed the cup and forming the handle portion of the price movement. The target is 950.
right now in a symmetric triangle broke fib level, stoch RSI heavily oversold on 2h. might break resistance. seems to be a quite new coin. does anybody know something about this one?
I am a beginner and this is my 1st idea published, so take it into account :)
I've been holding on to a bunch of ADA for over a week now, waiting for it to make a move up
but I think the raging Bitcoin was blinding everybody and keeping it down
Actually fact that it stayed pretty much leveled in face of the climbing BTC shows it's potential
it's a good coin...
Cardano ADA
SHORT-TERM
Cardano is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. Cardano is one of the first blockchains to be built in the highly secure Haskell programming language.
technically not much data to analyze yet. will keep posting analysis while ADA price keeps developing.
New project with very very strong backgrounds and fundamentals, in particular the Epochs and Slots.
Good to research and start accumulating as I see a very bright future on the mid-long term for this project.
The problem with this coin is that it was added 8 days ago and it already has more than 500 million market capital. If you look at the market depht it has strong orders which it's difficult for a new coin to go up since not many big-pocket investors trust about it. It hasn't offered a convincing edge for having such a high amount of Market Capitalization . So it's...
Cardano (ADA) is a newer coin released just a few days ago, and it is been in a descending triangle since.
Cardano is now looking like it is trying to form an ascending triangle with a decent amount of volume and market cap - it is already in the top 20 coins. MACD is looking strong so watch for a possible breakout.
The two ideal entry points are listed on the...
Firstly it's shame try to analyze some shit chart like that
Anyway, Stochastic said sell to meet Fibonacci retracement 0.618 @0.00000505 then 0.00000453
After that, we will see if we then about to buy a little bit - while stochastic in oversell zone
THank you
![ADABTC: [Cardano] Careful with this kind of coins](https://s3.tradingview.com/7/7HhAzeQz_mid.png "[Cardano] Careful with this kind of coins")
