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bakguc
Jan 31, 2018 5:21 PM

ADA IS IN THE THRESHOLD! IT WILL WALK OR HALT BUT NOT RUN 

Cardano / BitcoinBittrex

Description

ADA has a very low volume but has a strong support level at 0.5 fibo. Because of low volume it is possible to break it down.But It can bounce from 0.5 fibo as well if BTC gains some power. If ADA breaks the support level, our next support is at 0.00002552/BTC.
MACD is not promising position now like EMA and RSI is trying to cross 30 level on the chart.
Up to me:
In short term ADA could fall a little
In mid-term ADA could rise up to 0.00005744
In long term ADA maybe 0.00008800

Trade active

As I guessed it bounced from accumulation area. I hope you bought it
Comments
Vermillionz
The King tumbles all. Until the King rises, ADA and most other alts will continue to fall. Especially ADA lmao (borderline shit coin).
bakguc
@Vermillionz, If BTC walks , alts run. If btc runs, alts dies...
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