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orthocrypto
May 2, 2018 7:11 PM

What is coming for CARDANO/ADA. Retest ATH Long

Cardano / BitcoinBittrex

Description

Hello guys,
Here is what i think it is going on ADA. We passed our first test which is now support zone. After we passed that price area, ADA price tested it again and couldn't break down. So, right now we do not have any big resistance area until we find ourselves at 5200-5800 satoshis. Still we have a resistance level which is not important at fib. 0.382. In short term which means 1-2 weeks I think we will test fib 0.5 level and then we find ourselves at fib 0.786 level which is our aim price. So, if you buy ADA at this price today you can get nearly %100 profit for ADA/BTC.
Hope this idea to be useful for your trades. Stay Safe guys. Out!

Trade active

Support zone holds, so we do not close any positions.
Comments
SecretsOfWealth
great coin and helpful analysis .
orthocrypto
@ESlamElsherbeny, Thank you :)
C7000
@orthocrypto, do we sell now and buy later?
orthocrypto
@Ayala2018, The first sell price for me is between 0.000055-0.000060 btc. So, i don't sell any alt coin for now, it can go down but you can't know how much it will go down. Maybe i can loose %10-15 of my profit from altcoins because of btc moves but at the end i'm sure that my patience will pay off. I don't day trade
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