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Long

Cardano ADA Forecast

BITTREX:ADABTC   Cardano / Bitcoin
Cardano ADA is a consistent coin with gradual gains and promising projections ahead!

Although chart shows a descending triangle , this might not be the case for ADA . Chart patterns are always easy to read on a naked chart however I forecast a reversal which might reach an all time high in the coming months. This current downward trend should bounce off resistance as history shows multiple times.

Buy target : 5,000 - 5,500

Events :

27 January 2018 - Inaugural London Meetup
05 February 2018 - Roadmap Update

This is not an investment update, always do your own research.


Trade active: Following BTC's bleed, ADA handled the storm in a volatile manner ranging from 4,500 to 5,471. That's a 22% fluctuation right there!

Buy target at 5,000 is still active and correct following such bleed. ADA is recovering very fast and should be back on track to achieve the indicated targets. Also note that targets are quite realistic and not exaggerated/dreamy. Remember the amount and depth of corrections following a rise in price.

ADA on track! Go!

Goodluck and hodl!
I think correction will be till March, it may be come to these levels in satoshi but not in $.
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HAHAH. gradual gains. good one.
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